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- Tax Saving Accountants
- 17 Aug 12
MPs still having a taxing time
The 2009 expenses scandal that exposed many MPs for claiming where they shouldn’t have had the nation screaming for reform. This led to the Independent Parliamentary Standards Authority (IPSA) being set up to oversee the changes that needed to be made – but which, in its turn, is creating unrest with MPs complaining that it […]
- Tax Saving Accountants
- 10 Aug 12
Box clever and protect your intellectual capital
Large Businesses Are Exploiting Their Power Small and medium businesses make up 90% of all enterprises globally, and produce 70% of all services and goods, yet, according to the World intellectual Property Organisation, many suffer from the bully-boy tactics of larger and more powerful businesses who are not averse to using their power and cash-flow […]
- Tax Saving Accountants
- 17 Jul 12
A Fragile Economy Means Companies Need More Government Support
The most recent server from the British Chambers of Commerce has suggested that even though the UK economy remains fragile, businesses are actually growing. The Director General, John Longworth, has called for bold action, claiming that ‘Growth cannot wait’. The BCC survey also found that a small rise in exporting from Britain, both amongst the […]
- Tax Saving Accountants
- 25 May 12
Why should I use an accountant to deal with corporation tax?
Dealing with your tax return is difficult at the best of times, but when it comes to corporation tax, it can often be even more difficult. When it comes to filing and paying this kind of tax, you may easily have trouble – which is why most people choose to hire an accountant for their […]
- Tax Saving Accountants
- 18 May 12
Being prepared for corporation tax
Inform HMRC That You Are Liable For Corporation Tax It’s important that you are prepared for corporation tax, so here are some simple rules to abide by when it comes to running a limited company or organisation. First off, you need to tell HMRC that your organisation is liable for corporation tax. Meet Your Corporation […]
- Tax Saving Accountants
- 11 May 12
What is corporation tax?
Corporation tax is actually much simpler than you might think. Basically, this is where HMRC takes a tax on the profits of either limited companies, or specific organisations like associations, societies, clubs, co-operatives, unincorporated bodies or charities. Basically, once these organisations and businesses go over the threshold, they will have to pay tax on their […]
- 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
- 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 […]