Tax accountants Chiswick

Tax Deduction for Overdraft Interest

Posted by on January 14, 2012 at 12:42 pm

It’s hardly an unusual situation for a director to incur expenses on behalf of their company and for it to make a reimbursement. The outcome of this arrangement is usually that the company gets a deduction for the cost while for the director the transactions are tax neutral. But if the director takes for example […]

Delay in the issue of some Self Assessment Tax Return Statements

Posted by on August 25, 2011 at 4:48 pm

According to the reports coming out from HMRC, HMRC has more Self Assessment statements than usual to issue this year. Bearing in mind that these self assessment tax return forms are issued in July, this year HMRC has taken steps to issue some in August as well. If you are yet to receive your tax […]

A Snapshot of Budget 2011 – Talking Points

Posted by on March 24, 2011 at 6:44 pm

Yesterday’s budget delivered by George Osborne’s budget will best be judged by how the economy performs in the coming quarters. Faced with a daunting fiscal challenge, the UK Chancellor has turned his attention to the factors that will shape the growth of the economy in the future. His main emphasis for growth is through retaining […]