Lifestyle victory for taxi driver and his family
Glen Whittle must be feeling pleased with the outcome of his recent appeal against assessments issued by HMRC. An enquiry instigated by HMRC resulted in
Glen Whittle must be feeling pleased with the outcome of his recent appeal against assessments issued by HMRC. An enquiry instigated by HMRC resulted in
For those born after 5 April 1948 the personal tax allowance is £10,000. It was also announced that from 6 April 2015 this would increase
Entrepreneurs’ Relief As long as the ownership of your business is structured correctly, and for a minimum time period, then lifetime disposals not exceeding
Employers should note that HMRC is changing the way they charge interest on unpaid PAYE from 6 April 2014. We have reproduced below HMRC’s recent
If you have recently started to receive your State Pension, you may, or may not, have noticed that it is paid without deduction of tax.
1 April 2014 – Due date for Corporation Tax due for the year ended 30 June 2013. 19 April 2014 – PAYE and NIC
If expenditure on plant and equipment qualifies for the Annual Investment Allowance (AIA) 100% of the cost can be written off against taxable profits. The
We have reproduced two of the more surprising changes announced in the Budget notes published immediately following George Osborne’s presentation last week. HMRC to be
Personal Tax, Stamp Duty Land Tax and miscellaneous matters Personal Tax allowance The personal allowance for those born after 5 April 1948 will be:
In a bizarre attempt to create positive PR for HMRC, Channel 4 has been given unprecedented access to HM Revenue and Customs as they pursue
George Osborne is delivering his Budget speech Wednesday of this week. It will be interesting to see if his plea for ideas to help smaller
Just in case you have missed the news – that HMRC are stepping up their campaigns to stop tax avoidance and evasion – you may
Speculation is rife that George Osborne is under pressure to pre-empt possible interest rate increases next year by offering tax cuts in the forthcoming Budget
Having spent many years building a business, entrepreneurs can still look forward to a maximum tax hit of just 10% when they sell their business,
This scheme can be beneficial for businesses that have a low proportion of costs that include a VAT input tax charge, and their business turnover,