by Alastair Wood | Apr 9, 2010 | Tax Advice
With the passing of the old tax year we are presented with returns to file and tax to pay. Some memorable dates are listed below, with a few more interesting ones too: 19 April – PAYE must be paid for the period up to 5 April (usually just the March payroll) – and...
by Alastair Wood | Mar 25, 2010 | Tax Advice
The key budget announcements follow, we can of course expect another post election budget when more significant changes may be made such as the much vaunted increase in VAT: For business The Annual Investment Allowance (AIA) will be increased to £100k pa for...
by Alastair Wood | Mar 21, 2010 | Tax Advice
Under self assessment anyone who has a tax liability must inform the Revenue and pay the additional tax. For the majority of employed taxpayers this does not apply as tax is collected by their employer every month and any adjustments are made in their tax code. The...
by Alastair Wood | Mar 12, 2010 | Tax Advice
I have just signed up a client who has a limited company which he set up over a year ago although he did not start trading until the current tax tax. From previous posts you will be aware that one of my recommendations for the biggest tax saving opportunities, is by...
by Alastair Wood | Mar 4, 2010 | Business Advice, Tax Advice
As new research from business software and services provider Sage shows that “accountants are now seen as the most trusted source of business advice” for UK firms, we consider why you should have an accountant and how to choose one. A qualified accountant...
by Alastair Wood | Feb 12, 2010 | Tax Advice
This post comes as a result of looking at a couple of potential clients and checking whether they have considered a number of areas which will impact on their 2009/10 tax, particularly in respect of small limited companies: Is the shareholding in the company arranged...