George Osborne presented his first Budget on Tuesday 22 June 2010. For the first time, forecasts were published in advance of the Budget. The Office for Budget Responsibility was formed in May 2010 to make an independent assessment of the public finances and the economy in advance of each Budget and Pre-Budget Report. Within the framework of these forecasts George read more
Essential update for employers
This briefing provides a practical summary of recent developments affecting employers including where relevant the related tax considerations. Including New PAYE penalties and filing online. Click her for a PDF version of Essential update for employers
Company Incorporation Guide
Operating a business tax efficiently is a key concern to all clients. The choice of a suitable business medium, for example, sole trader, partnership or limited company may have a substantial impact on the level of reliefs, allowances and tax levied on you and your business. It is therefore essential to review the key issues to enable you to minimise read more
Buy to let Guide
There are many issues for the prospective investor to take into consideration before deciding to plunge into property letting. Good impartial advice is needed from lawyers, banks and surveyors. This briefing assumes that specialist advice has been taken and will concentrate on the tax aspects involved in the purchase, letting and sale of let residential property. It will also consider read more
Summer Newsletter
I am pleased to send you your copy of our summer newsletter which as usual includes a variety of topical tax issues. Now that the second Budget date has been announced, 22 June 2010, we will keep a careful watch for any new developments but it looks like tax matters will continue to be top of the list in discussions read more
Spring 2010 Newsletter
Our Spring 2010 newsletter including: Capital losses PAYE penalties for late payment The provision of a phone for business Facilitating Funding The tax treatment of Furnished Holiday Lettings (FHL) has been advantageous for many years but the rules are set to end in April 2010. Salary sacrifice Download a PDF version of Spring 2010 newsletter
Practical Tax Tips for the owner managed business
This briefing is intended for both unincorporated and incorporated business clients. It focuses on some key direct tax areas affecting the owner managed business so that essential opportunities to maximise tax savings or minimise liabilities are not overlooked. Areas covered include capital allowances, extraction of profits and employment taxation. It includes the more important year end tax tips to help read more
Payments on account for 2008/2009 now due!
The second instalment for the 2008/2009 tax liabiliy is due for payment by 31st July 2009. You should have recently received a payslip from HMRC along with an addressed envelope to send your payment however if you haven’t then your cheque should be made payable to HM Revenue & Customs and posted to: HM Revenue & Customs, Accounts Office, Bradford, BD98 1YY. read more
NHS Credit Crunch Stressline
Are you worrying about the recession? The NHS have set up a “Credit Crunch Stressline” with support for those worrying about the current financial situation. They have trained advisors who can offer you help on several aspects be it helping to look at your problems in another light to providing self-help materials. If you would like to speak to one read more
Tax Credit Renewal Deadline
Have you renewed your Tax Credits yet? They must be completed and submitted with HM Revenue and Customs by 31st July 2009. This can be done either by returning the Annual Review notice to HM Revenue and Customs or by calling the Tax Credit Helpline on 0845 300 3900.