Law Society warning on LLP tax reform
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
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
There is a situation where you might be advised to make an election to pay tax. It arises if you sell your company and accept
If you are self-employed, as a sole trader or in partnership, and if we assume that your business year end is 31 March, then the
The following information is reproduced from the GOV.UK website where you can get more information on this topic if required. You can get small business
There has considerable press commentary during the last few weeks about a “copy-cat” website taxreturngateway. If you Google tax return gateway you will still be
Readers will no doubt be aware that if you are required to file a self-assessment tax return for the tax year ending 5 April 2013,
The internet currency Bitcoins is drawing the attention of US regulators. Recently New York prosecutors confiscated $28 million of the e-currency from the Silk Road
Believe it or not there are a number of assets that you can sell that do not trigger a capital gains tax (CGT) liability. The
We are now in the last quarter of the current tax year that ends 5 April 2014. If you are in business or pay income
It would seem that HMRC are making progress in their efforts to make larger concerns more responsible when paying tax. Google have been criticised in
As the rush to file outstanding 2013 tax returns gathers pace, HMRC have published ten of the “oddest” excuses for late filing of returns in