Tax

There have been some significant recent changes on capital allowances that could influence your decisions on buying business assets in the immediate future. For tax… Read More »New rules on capital allowances

HM Revenue and Customs (HMRC) has issued a reminder about important changes that will be affecting corporation tax this April. Under the changes, all company… Read More »Corporation tax changes on the horizon

We’re ready to pay for simpler taxes, claim businesses. Small business owners have said they would be willing to dip into their own bank accounts… Read More »We’re ready to pay for simpler taxes

Increasingly, HMRC is issuing formal queries when a few years ago it would simply ring up the employer. In most cases, this is nothing to… Read More »2011 PAYE Update – Tax Enquiries

There have been a number of developments during the last year  – here is a brief overview of the changes. National insurance The new rates… Read More »2011 PAYE Update

The question of family firms that split income between husbands and wives in order to reduce tax bills may come under the scrutiny of the Office… Read More »Government turns its eye to income splitting once more

At the same time as the 29 November Office of Budget Responsibility report the government announced details of some of the reforms to corporation tax.… Read More »Corporation tax reform

Couples with sizeable assets such as property or shares might consider joint ownership where the asset is likely to result in a capital gain. This… Read More »Reducing CGT exposure

The recent announcement by the Government that the Treasury is to target a further 10,000 high net worth individuals for tax investigation represents another stage… Read More »Taxpayers under attack (again)

There has been a noted fall in the numbers of agreements made between HM Revenue and Customs (HMRC) and firms under the Business Payment Support… Read More »Drop in time-to-pay agreements