Treasury hungry for ideas
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
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,
1 March 2014 – Self Assessment tax for 2012/13 paid after this date will incur a 5% surcharge. 1 March 2014 – Due date for
Employers have been warned recently that schemes setting out to avoid payment of wages to employees at the minimum rates set by the National Minimum
Since the 1990s fees for playing at not-for-profit sports clubs has been exempt for VAT purposes. However, HMRC has asserted that only club members’ playing
Many victims of miss-sold Payment Protection Insurance are unaware that they need to declare any interest they received as part of their settlement on their
There has been significant press coverage recently suggesting that companies are hoarding cash. It would seem that this is one of the contributory factors affecting
The Law Society is concerned that if the present changes to LLP taxation are enshrined in the forthcoming Finance Act 2014, decisions will have to
According to a recent CBI report UK companies rely too heavily on debt finance. It said that 50% of small and medium sized businesses used
Employers that provide a company car and pay for the employees’ private fuel create tax, NIC and administrative issues for both parties. Employers will be
In a recent tax tribunal case a tax payer was denied Capital Gains Tax relief for the cost of improvements to a property as he
1 February 2014 – Due date for Corporation Tax payable for the year ended 30 April 2013. 19 February 2014 – PAYE and NIC deductions