Tax

 

Dividend Tax Changes on 6 April 2016

New tax changes as to how dividends are taxed are due to take effect from 6th April 2016. Continue reading “Dividend Tax Changes on 6 April 2016” »

 

Important Changes to VAT on Digital Services

If you sell digital services such as music or software downloads, e-books or online videos then from 1st January 2015 if you are selling these internationally you will have to determine whether your customers are businesses or not and where they are based. Continue reading “Important Changes to VAT on Digital Services” »

 

UK Marginal Tax Rates Explained

What rate of tax would you pay on an additional £1 of earnings? If your annual income is between £41,865 and £150,000 you may think the tax rate would be 40%, but the peculiarities of the UK tax system mean you could pay much more. Continue reading “UK Marginal Tax Rates Explained” »

 

Employers can reduce their Employer NI contributions from April 6th this year

The HMRC has now issued guidance and exclusions on how to claim up to £2000 per year of your Class 1 NIC’s and don’t forget it takes effect on 6th April 2014. Continue reading “Employers can reduce their Employer NI contributions from April 6th this year” »

 

How Companies Avoid Corporation Tax

I watched a great video on the BBC with the beguiling title of “A Beginners Guide to Tax Avoidance”. It is a fascinating simplification and here is our summary. Continue reading “How Companies Avoid Corporation Tax” »

 

A Clampdown on Tax Avoidance in 2013

A Clampdown on Tax Avoidance in 2013It seems that the government are finally starting to react to the public outcry over tax avoidance and evasion. In the past, the government have been wary of upsetting the rich in the UK over fears that they would take their business overseas. Continue reading “A Clampdown on Tax Avoidance in 2013” »

 

Summary of the main changes of the Budget 2013 for Small Businesses

budget response 2013Mr Osborne has said, “It could be worse”.  However could it have been better? And that’s surely the question. It would be interesting to hear your opinions. My feeling is that no government has the balls to make the difficult decisions required for the economy as it may lose votes. It’s all short term-ism.   Continue reading “Summary of the main changes of the Budget 2013 for Small Businesses” »

 

The Taxation of High Value UK Residential Property – A Guide to Proposed Changes

You may have read in the press about the UK Government’s proposals to change the way that high value UK residential property is taxed. So this seems like a good time to offer a short guide to the proposals and explain the current situation Continue reading “The Taxation of High Value UK Residential Property – A Guide to Proposed Changes” »