by Alastair Wood | Aug 28, 2010 | Tax Advice
Following on from some advice given by Traditional painter on their website about choosing a contractor and what questions to ask, we have added some tips which may save you some money on VAT VAT registration is not obligatory until a company turns over more than...
by Alastair Wood | Jun 28, 2010 | Tax Advice
This post will be of interest to anyone likely to pay capital gains tax (CGT) as a result of a sale of an asset in the 2010/11 tax year. The June Budget introduced an overnight change to the CGT regime and HMRC have produced a fairly readable Budget Note 20 and a...
by Alastair Wood | Jun 22, 2010 | Tax Advice
We have been complimented on the updates posted on Twitter live during the Budget and hope to continue this by summarising the main points of interest to small business owners and individuals in the street. The Chancellor George Osborne started by painting the picture...
by Alastair Wood | Jun 10, 2010 | Tax Advice
I was speaking to a client yesterday regarding the options of having a company car and coming from a carbon reduction background he was keen to have a low emission car and wanted to know the tax effect. This is an area where the government are encouraging growth...
by Alastair Wood | May 21, 2010 | Tax Advice
A tax code or what HMRC call a PAYE Coding Notice is the means by which your tax free allowance is allocated to the pay for your job if you are an employee. Every month a portion of your income will not be taxed, and the rest will be taxed at the basic rate of 20%...
by Alastair Wood | May 1, 2010 | Tax Advice
There is a significant difference between the rights of an employed person as opposed to a self employed person, and this is most clearly reflected in their tax treatment. An employee has many more rights such as holidays and maternity leave but at the expense of...
