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- Tax Saving Accountants
- 25 May 21
5 reasons why you need an accountant for a limited company
Whether you have recently set up a limited company or you have been managing your finances independently until now, hiring an accountant to help manage your limited company’s finances can efficiently help you elevate your business. Accountants can play a vital role in the success of a business. Although many small limited companies choose to […]
- Tax Saving Accountants
- 9 Mar 16
Why Do Some Entrepreneurs & SMEs Fail In The First 2 Years?
When Starting A New Business, Eight Out Of Ten Will Fail Before They Even Make It To The First Three Years… Read On If You’d Like To Know What You Can Do To Prevent This. Entering into the world of business can be a challenge and the last thing anyone wants to focus on during […]
- Tax Saving Accountants
- 12 Oct 15
Conservatives are rattled by Jeremy Corbyn and the Labour Party
The born republican Jeremy Corbyn has caused quite a stir in the political world. He has rattled the conservatives ever since he became the new leader of the Labour party, with his views and policies championing for the middle and working class. He addresses the issues of inherited wealth and inequality and has a strong […]
- Tax Saving Accountants
- 8 Mar 15
Conservatives may Raise Inheritance Tax Threshold to £1m
The hugely unpopular “death tax” may be overhauled, making it fairer for those living down south, and ensuring that wealthier people won’t be the only ones to benefit. The current one-size-fits-all policy means that those living in areas with higher valued houses are paying much more inheritance tax, as higher house prices often push their […]
- Tax Saving Accountants
- 23 Sep 14
UKIP set to unveil income tax reforms in party conference
UKIP is set to unveil far-reaching reforms to income tax – with those earning as much as £55,000 set to pay 35p of tax for every £1, instead of 40p. Led by Nigel Farage, the controversial party has received a surge of popularity recently. On Friday, it is set to announce that it would raise […]
- Tax Saving Accountants
- 16 Sep 14
G20 in joint efforts to shut international loopholes
Bad news for multinational corporations may be on the horizon. New rules from the Organisation for Economic Co-operation and Development could mean that online giants such as Amazon and Google will be forced to disclose where their profits were made, and where their taxes were paid. This could lead to the many loopholes in tax […]
- Tax Saving Accountants
- 31 Aug 14
How would tax rates be affected by Scottish independence?
The story that has been on everybody’s lips has been Scottish independence – and whether there’s a Yes or a No vote, there could be tax changes afoot. If Scotland decides to go it alone, Holyrood would be able to decide its own income tax rates, not to mention VAT and corporation tax. Lowering the […]
- Tax Saving Accountants
- 24 Aug 14
HMRC ‘should be banned from misleading Parliament’
HMRC has been accused of misleading Parliament, its MPs and the public after it inaccurately suggested it was collecting billions of pounds in extra taxes. One expert, Sir Andrew Dilnot, wants the taxman to be banned from confirming how much revenue it collects in the wake of the scandal. In the 2011/12 tax year, as […]
- Tax Saving Accountants
- 28 Jul 14
By 2033, one in three of us will pay 40p tax rate
In its latest forecast, the OBR said that more than 9 million people could be landed with the 40 per cent tax rate, with a further 1.7 million losing 45% of their earnings. This is on the assumption that their respective thresholds continue to rise along with inflation. In an interview with The Telegraph, the […]
- Tax Saving Accountants
- 14 Jul 14
Public Favour Merger of Income Tax and NI
Research by PwC suggests that a merger of income tax and national insurance would get widespread public support. The research was carried out with the help of a representative group of 22 members of the public. Following the research, PwC have set a number of recommendations for reform of the UK’s tax system before government. […]