We are pleased to announce our Pre-Budget Report 2009 is now live on our website for download. Technorati Tags: Pre-Budget Report 2009
Our Pre-Budget Report 2009 will be live on our website later this evening. In the meantime, here are a few highlights of the Pre-Budget 2009: VAT will return to 17.5% on 1 January 2010 as planned. In April 2012, the point at which people start paying 40% income tax to be frozen for one year, [...]
Did you know that HMRC has launched a new charter for individuals, businesses and other groups and organisations who deal with the department. I know, didn’t we have something like this before? Well lets hope the new Charter provides a little bit more protection for those dealing with HMRC. For the Charter click here. For [...]
Finally we have a date for the Pre-Budget Report, Wednesday 9 December at 12.30. We will of course cover the Pre-Budget Report with a summary of the main contents which will be live on our website for download the following day. Technorati Tags: Pre-Budget Report 2009,Budget
Did you know that you can claim tax relief on donations that are given to UK based charities? Giving is always good – especially if it brings the added bonus of being able to claim tax relief after. Gifts of money that are given to a charity by your company should be paid as gross. [...]
Not long ago (April 2009) HMRC introduced a whole new penalty regime for tax payers. It is very important that tax payers understand these penalties and how it affects them and whether they should consider using the services of a professionally qualified and competent individual for those who currently have no representation. HMRC have provided [...]
Here are a few deadlines that you need to put in your diary: 19 September 2009 PAYE period to 5 September cheque payment due (22 September for electronic payment) 1 October 2009 Corporation Tax payment date for Company’s with a 31 December 2008 year end 19 October 2009 PAYE period to 5 October cheque payment [...]
Question: What have personality traits got to do with Tax Returns? It is always interesting to note how different personality traits often impact on the way individuals conduct their business. At one end of the spectrum there are individuals that are generally organised and meet deadlines easily. These individuals often plan and prepare as much [...]
After much speculation HMRC have now confirmed details of the new facility for taxpayers to voluntarily disclose tax liabilities re undeclared income from offshore bank deposits. Of course they are also interested in the taxability of the underlying profits and gains that were deposited offshore. Tax Advice Network member Bill Stephenson has written an article [...]
Some self-employed clients get confused about the on-account payment due on 31 July . Their accountant may not have drawn up their accounts for 2008/09 (6 April 2008 to 5 April 2009), particularly for years ending on 31 March 2009, but the individual needs to pay tax on those profits. This can be difficult to [...]