Tag Archive

Important Announcements from the 2014 Autumn Statement

Published on December 5, 2014 By admin

So, how this year’s autumn statement would affect you. Here are some important announcements from the autumn statement that was presented this week. Tier system introduced for stamp duty. Under the old stamp duty rules, you would need to pay stamp duty Tax at a single rate on the entire property price. However, under the […]

Boosting Your Pension Entitlement

Published on March 6, 2013 By admin

There are situations where planning a tax and NI is an efficient way and becomes important to draw income from your pension. However, you need to think long term before doing this. If your business can justify the fact that paying a low salary to your spouse, is it worthwhile doing this, given the extra […]

Can a Stock Valuation Save you Tax?

Published on February 6, 2013 By admin

At the end of each financial year, one needs to value its stock for accounting purpose. But this is a tedious exercise and not many people like to do it. But there are ways where you can you turn this into an opportunity to save corporation tax? You may not realise, but your company has […]

Tax Experts Defend their Position over the Government Backlash

Published on February 1, 2013 By admin

In latest developments, tax heads of larger accountancy firms have defended themselves against claims they are behind avoidance schemes that damage the UK’s economy. The Public Accounts Committee accused them of making not exposing corporate income for tax in UK

Is all the Anger on Tax Avoidance Justified?

Published on January 31, 2013 By admin

Most of the UK’s larger businesses have made a significant contribution to the public purse despite adverse economic conditions and public outcry over multinationals using complex tax structures to avoid paying tax. Global companies including Amazon, Google and Starbucks have attracted public ire over their corporation tax bills, but a study by PwC has found […]

Changes to the Online VAT Facility of HMRC

Published on January 9, 2013 By admin

Until now, HMRC’s online VAT services have been basic, but he’s recently added some genuinely useful tools. What’s to know? HMRC has recently made some additions to the VAT online services. While they are not the functions that you need on a daily basis, they will however simplify and speed up some of his application […]

Autumn Statement; Key Points to Take for Businesses

Published on December 7, 2012 By admin

The autumn statement delivered by the chancellor is not the most looked forward autumn statements in the recent history. Following are some highlights from his speech. Fuel The 3p-a-litre increase in fuel duty, planned for next January, is cancelled

Is There a Tax Advantage in Investing in Forests?

Published on October 31, 2012 By admin

If your company is looking at ways of investing spare cash then investment opportunities relating to woodlands is worth considering. The reruns from these investments are sizeable and also come with tax incentives. If you search for details it’s not difficult to find reports of investments in woodlands producing annual returns in double figures. Usually […]

How to Manage Directors Bonuses Tax Efficiently

Published on July 6, 2012 By admin

If your company has made a profit, it is highly likely that every director will receive a share from it as bonus. In order to get an early tax deduction, these bonuses must be paid within a specified time, but on the otherhand there will be a large PAYE bill.

Fixed Fee Accountants in Fulham and Hammersmith

Published on June 29, 2012 By admin

When you look for an accountant, what are the things that you look for most? Many business owners will look whether the particular accountant has the capability to handle the tasks that he / she wants them to do. Apart from the capability of the accountant to deal with final accounts, VAT, bookkeeping, personal tax […]