Tax

James MoorcroftTax rates and allowances are constantly changing. Tax planning opportunities are also wide ranging and changing, which is why it is important to make sure you are up-to-date. These guides are designed to provide the latest information but please contact us for guidance and advice.

Autumn Statement 2013

Delivering the 2013 Autumn Statement, the Chancellor said the latest forecasts from the Office for Budget Responsibility proved that “Britain’s economic plan is working” but warned that the “job is not done.”

Year end tax guide

This guide is for 2012/13 end of year tax planning. Including information for business owners and personal finance issues. Please contact us if you have any queries.

Budget 2013

Chancellor George Osborne’s fourth Budget statement was delivered on 20 March 2013 against a challenging domestic and global economic backdrop.

Minimising capital taxes

Includes, Capital gains tax and Inheritance tax.

Tax efficient investments

The information in this fact sheet is necessarily of a general nature, and we strongly recommend that you consult with us before taking any action.

Financial planning and strategy guide 2013/14

An extensive review of financial planning and tax saving opportunities for 2013/14.

Tax planning for business owners

Tax planning for business owners including the choice of accounting date for sole traders and partnerships, what if you have more than one business, and extracting profits from a company.

Tax rates and allowances

With changes in the tax system now an ever-present feature, our up-to-date experience is available to ensure clients’ tax liabilities are planned to be at a minimum.

Offshore issues update

Includes going abroad to live and remittance basis.

VAT

For a wealth of advice and information relating to the operation of VAT, including essential tips for VAT planning, VAT schemes and how to survive the VAT inspector’s visit. The standard rate of VAT is 20% and it is envisaged that this rate will remain in force until at least 2015 and possibly beyond. VAT was devised by a German economist in the 18th century and replaced sales tax in the UK in 1973.

PAYE and NI

Real Time Information and other PAYE and NI planning guides. Why not use our payslip calculator to check your net pay?

IR35 centre

IR35 relates to legislation and rules intended to apply a PAYE and NIC charge on earnings from a company or partnership which is termed an “intermediary.” It is intended to prevent the lower rates of tax which would otherwise apply from being available to work which is regarded as “disguised employment”.

Tax and business calendar

Details of compliance and regulatory deadlines for business and personal taxes.

Budget archive

Historical information relating to previous Budgets reports.

The Finance Bill 2011

The coalition government has taken the new and welcome step of publishing draft clauses for the 2011 Finance Act.

Regulation changes from April 2012

Each year, the government introduces regulatory changes affecting businesses on two common commencement dates – April and October.