Food Businesses
The Form 42 has been in existence since 2003/04 yet is still a little known form. It is designed for employers to report any events relating to its ow... read more
Published: 13/05/2013
How much does income of £5,000 a year for life cost? How about £5,080.
How much tax relief do you get on pension contributions? It may be 20%, 40% or 45% depending on your income tax band. But due to the way the tax ban... read more
Published: 10/05/2013
The Small Business Budget 2013
Many small businesses will be interested to see how they were affected by the 2013 budget. Given the country’s well publicised financial difficultie... read more
Published: 28/03/2013
The Chancellor delivered a number of announcements relating to company shares and share schemes. Shares acquired under EMI schemes will qualify for... read more
Published: 28/03/2013
Still potential for large pension contributions
The 2012 Autumn Statement confirmed that the Annual Allowance for tax relief on pension contributions would be reducing from the current limit of £50... read more
Published: 27/03/2013
The general anti-abuse rule or GAAR, about which there has been so much press in the last year has been confirmed. The measure has been introduced t... read more
Published: 21/03/2013
Alcohol Duties The general beer duty rate will be reduced by 2% from 25 March 2013. Duty rates on low strength beer will be reduced by 6% with high... read more
Published: 21/03/2013
Budget 2013 - Taxes for Corporates
Corporate Tax Rates The main rate of Corporation Tax is set to fall to 20% from 2015. The current rate of 24% will reduce as follows: April 2013 ... read more
Published: 21/03/2013
Budget 2013 - Taxes for Businesses
Employee Shareholder status: Capital Gains Tax exemption and income tax/NICs treatment The ‘employee shareholder’ employment status enables emplo... read more
Published: 21/03/2013
Personal allowance / Basic rate band The personal allowance for 2014-15, that is the amount of income not chargeable to tax, will increase as follows... read more
Published: 21/03/2013