Medical Practitioners
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 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
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
Budget 2013 - A populist budget
It is perhaps rather concerning that the general reaction to this budget seems to have been on the positive side of neutral. It is not at all clear th... read more
Published: 21/03/2013
The Chancellors Autumn Statement - Tax Avoidance
Five further and esoteric tax “loop holes” were closed with immediate effect, emphasising the Government’s desire to continue to counter tax avo... read more
Published: 06/12/2012
The Chancellors Autumn Statement - Business Taxation
Main Rate Corporation Tax The Government previously announced the reduction of the main Corporation Tax rate by 1% over the next two financial years.... read more
Published: 06/12/2012