VAT tips for building projects

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...

Understanding your limited company accounts

Clients are always telling me that they do not understand their accounts. Clearly they know their business, and how to price to make money so it is only a small step to actually understanding the end of year accounts: The very back page or two is the detailed profit...

Dates and deadlines for the new tax year

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...

March Budget 2010

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...