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- Tax Saving Accountants
- 4 May 12
What if I want to sell a business to family?
If you intend to sell your business to family in order to keep the company running through the generations, there are a lot of things to consider. In order to make the transition between you and your successor much easier, it is important that you successfully arrange the handover procedure. This process of passing down […]
- Tax Saving Accountants
- 27 Apr 12
Have you received a Tax Fine Notice in error?
Roughly 12,000 people in the UK who had been told that they are no longer required to fill in their self-assessment tax forms now appear to have been sent these penalty notices in error. The letters were sent by HM Revenue and Customs, and came after the new £10 daily fine which now occurs for […]
- Tax Saving Accountants
- 20 Apr 12
The hidden wealth families hide to avoid care home costs
It has now become increasingly common for the relatives of pensioners to hide the full wealth of the pensioner, in order to avoid paying high and rising care home fees. Many local authorities are also failing to use legal powers in order to take this money back, too. In many cases, the savings of pensioners […]
- Tax Saving Accountants
- 13 Apr 12
Fivers are in fashion…
In a smart move to increase the circulation of new £5 notes, fivers are now being dispensed from more ATMs than ever before. In the summer of 2010, nearly 10 times as many fivers than usual were being dispensed, according to the Bank of England. Every month, around £200 million worth of fivers are now […]
- Tax Saving Accountants
- 6 Apr 12
Stamps are on the up, up, up
After the regulator lifted a number of price controls on Royal Mail, it’s quickly become evident that we’re now going to be paying much more than usual for our postage – starting with first class stamps. A regular first class stamp will now cost 60 pence, rising from 46 pence after 30th April of this […]
- Tax Saving Accountants
- 27 Mar 12
Are we to overpay over £12bn in tax in 2012?
British Taxpayers To Pay £421 In Tax British taxpayers are expected to overpay in tax this year, at an average of around £421 all in all. It’s also expected that 85% of us will be unable to reduce our tax bills, too. Brand-new figures have brought about these expectations. 2012 Will Be The Second Biggest […]
- Tax Saving Accountants
- 20 Mar 12
Liberal deputy Prime Minister supports new Tycoon Tax proposal
Liberal Democrat leader and Deputy Prime Minister Nick Clegg has aired his support for the tycoon tax proposal, which would bring in a minimum taxation rate to ensure that all citizens pay their ‘fair share’. Speaking before his party’s annual conference and before the budget was announced, Clegg claimed that the current system of allowing […]
- Tax Saving Accountants
- 13 Mar 12
Thinking of an Apprenticeship? Choose accounting!
Apprenticeship courses are more popular than ever, and accounting is just one of the many kinds of courses you can now benefit from. An accounting apprenticeship could see you working in a business and office environment, advising companies and working in financial accounts departments. The apprenticeship could even help you with running your own business. […]
- Tax Saving Accountants
- 6 Mar 12
Online traders could face HMRC investigation
Online traders are being targeted by Her Majesty’s Revenue and Customs in a new bid to crack down on unpaid tax. HMRC is asking all online marketplace traders and business owners to come forward to admit any tax that they haven’t paid – failure to do so will result in ‘harsher penalties’. This new clamp […]
- Tax Saving Accountants
- 29 Feb 12
Need to win bank funding? Part 2
It’s necessary to be more professional and provide more information than ever to the banks if you have the intention of getting a business loan. After the economic downturn, the banks have simply stopped lending to a lot of people, and now require a lot more proof of financial stability in order to lend. Below […]