by Alastair Wood | Jul 27, 2011 | Tax Advice
I recently attended a tax update course and the lecturer was very enthusiastic about R&D tax credits and the regime to positively encourage investment through the taxation system. Costs specific to a qualifying project are eligible for 200% tax relief so if you...
by Alastair Wood | Jun 24, 2011 | Tax Advice
HMRC target Ebayers You may have heard about HMRC targeting people carrying on a business on Ebay, or bootsales. HMRC are always keen to collect additional tax and there is quite alot of case law on the subject. These come under the heading of badges of trade, and...
by Alastair Wood | Apr 13, 2011 | Tax Advice
Lots of big companies sponsor sporting and cultural events, but you may be wondering whether your company can do so and what the rules are. Providing you can demonstrate that you have considered the following points there is no reason why all the expense cannot be...
by Alastair Wood | Mar 23, 2011 | Tax Advice
With most of the major changes already released or leaked pre-budget there were not the usual number of new announcements to make. The Chancellor started by running through the main economic statistics: Growth is slower than expected but only by a small amount but...
by Alastair Wood | Mar 7, 2011 | Tax Advice
As people become increasingly mobile and time spent in one place reduces the rules for whether you get tax relief for any capital gains on your home become more important. You get full relief for your principal private residence (PPR) however if you have more than...
by Alastair Wood | Feb 14, 2011 | Tax Advice
If you are a company director and are paying yourself a low salary and the balance in dividends as funds allow read on. You are probably paying yourself £475 per month for 2010/11, this is greater than the NI Lower Earnings Limit (£97pw/£420pm) at which you build up...
