Owner Managed Businesses
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
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