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Newsletters


2012-2013 Tax Tables


Tax tables for the year

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2012 Budget Summary


The 2012 Budget was a reflection of the economy’s ongoing struggle out of the deepest recession in post-war history, and brought more cuts to public spending and measures favourable to business. The LibDems tried to put a brave face on things, pointing to the rise in the income tax personal allowance to £9,205. However, this is rather overshadowed by the forthcoming 2013/14 cut in the higher rate of income tax, from 50p to 45p, and a cut in the rate of corporation tax to 24%.

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Spring 2012 Newsletter


In this issue - Capital Allowance changes in April 2012 - Sowing the seeds of enterprise - The pensions revolution continues - Harder to escape the UK tax net - How employers can avoid the PAYE blues - Key tax dates

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Winter 2011 Newsletter


Read about partnership problems, reasonable excuse guidance, employee tax status, non dom investment, surviving the social media whirl, agency workers, and IHT relief on farmhouses.

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Autumn 2011 Newsletter


The Chancellor and the Business Secretary have recently indicated that the 50% tax rate will only be temporary.

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Summer 2011 Newsletter


Changes to tax rates in April 2011 have increased the attraction for small businesses of trading as a limited company compared with self employment, provided the owner draws income mainly as dividends.

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Spring 2011 Newsletter


The introduction of the 50% tax rate in respect of income tax for individuals earning in excess of £150,000 per annum with effect from 6 April 2010 means that individuals should consider tried and tested methods of reducing their tax liabilities.

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2011-12 Tax Tables


Tax tables for the year

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2011 Budget Summary


After two Budgets and three Finance Acts in 2010, the 2011 Budget looked as if it might be a relatively mundane affair. In the event, it was anything but. George Osborne revealed a ‘Budget for growth’ with a range of business-friendly measures, including a surprise extra 1% reduction in the main rate of corporation tax and a doubling of the limit for entrepreneurs’ relief.

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Winter 2010 Newsletter


Since 2008 HM Revenue & Customs (HMRC) has provided the ‘Time to Pay’ (TTP) scheme, a rapid response service to businesses that need more time to pay their tax liabilities. Since then the qualifying conditions for TTP have been tightened up considerably.

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Autumn 2010 Newsletter


Capital gains tax (CGT) has become more complicated following the Budget on 22 June. For gains made after that date, higher rate taxpayers, trustees and personal representatives of deceased estates pay CGT at 28%. CGT at 10% can apply if the disposal qualifies for entrepreneurs’ relief.

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Summer 2010 Newsletter


Your marital status – whether or not you are married or in a civil partnership – can make a considerable difference to your tax position.

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Budget Summary Summer 2010


George Osborne described his first Budget as ‘the unavoidable Budget’ in which spending cuts outweighed tax increases by a ratio of 77% spending cuts to 23% tax increases.

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2010-11 Tax Tables


Tax tables for the year

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2010 Budget Summary


With the country likely to go to the polls on 6 May, Mr Darling’s third Budget was predictably as much a political exercise as a conventional set of announcements.

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Spring 2010 Newsletter


HM Revenue & Customs (HMRC) has continued in its attempts to improve its relationship with taxpayers by issuing a new taxpayers’ charter. It is called 'Your Charter' and was launched on 11 November 2009.

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New government new taxes


We now have a coalition government between the Conservative and Liberal Democrat parties, which is expected to adopt tax policies from both constituent parties. The coalition agreement statement contains a brief note on tax issues. So what changes can we expect to see?

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