Tag Archive

How will the Autumn Statement Affect you?

Published on December 21, 2012 By admin

In Tax Perspective Many lower paid workers will find themselves paying less income tax. Well that is something good to start with. The personal allowance, the amount that most people can earn before they pay income tax, will rise to £9,440 in April 2013. That will be a rise of £235 more than the chancellor […]

Fixed Income Protection Guidance

Published on November 14, 2012 By admin

There had been many changes to the HMRC’s guidance for those with fixed income protection. According to the rules that were in existence before, individuals with a protected lifetime allowance of £1.8m who were enrolled into a scheme a gainst their wishes, when commencing work with a new employer, faced losing their increased allowance under HMRC’s […]

Reducing Company’s Tax Bill Using Personal Losses

Published on November 7, 2012 By admin

If you made a loss personally in an effort to make more cash and if you find it impossible to even file a claim for a tax deduction, what are the alternatives that are left for you? There’s a chance that your company claim the tax relief instead? If a business makes a loss, HMRC will […]