by Alastair Wood | Oct 30, 2024 | Uncategorised
The Labour Budget 2024 was expected to introduce some big increases in taxes as announced after the election with a black hole in public finances left by the Conservative government who had allegedly kept the Office for Budgetary responsibility in the dark about some...
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...
by Alastair Wood | Feb 14, 2011 | Tax Advice
While everyone will have heard about the increases in NI coming up, there have been other changes which may mean you pay less tax and NI next year. All taxpayers will benefit from an increased level of Personal Allowance (the amount you get tax free) which increases...
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 | 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...
