by Alastair Wood | Jan 24, 2013 | Tax Advice
Do you need to protect yourself so that any fees which you may incur in answering an enquiry are covered? With the shortfall in tax revenues to repay government debt HMRC are being funded to collect more tax and taking a more targeted approach. The latest claims...
by Alastair Wood | Jan 3, 2013 | Tax Advice
From 1 January 2013 Independent Financial Advisers (IFAs) are subject to a whole new set of rules on how they conduct their business and whether they should charge VAT. The situations in which the service is exempt, and VAT does not have to be charged are bound by...
by Alastair Wood | Dec 12, 2012 | Tax Advice
The autumn statement is almost a 6 month budget now and there were a few changes which are of interest to business owners Increase in 100% allowances for capital expenditure Annual Investment Allowance increases from £25k to £250k from 1 January Any capital...
by Alastair Wood | Dec 6, 2012 | Tax Advice
There have been rumours for the last few years of some form of taxation and the government have finally selected a simple solution: If you or your spouse/partner: claim child benefit and either of you has income of over £50,000 per year your family will be subject to...
by Alastair Wood | Sep 6, 2012 | Tax Advice
Providing certain criteria are followed it can be well worth running a company classic car but make sure you know what tax rules might catch you out. Let us compare two 1960s classics, the iconic Citroen DS which had many features ahead of its time and the E Type Jag...
by Alastair Wood | Jun 1, 2012 | Tax Advice
As we look forward to the long weekend here are a few tips you may find useful: If you are completing the tax credit renewal form there are a couple of areas which may catch you out: Business owners – don’t forget to gross up dividends for 10% tax,...
