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- Tax Saving Accountants
- 18 May 12
Being prepared for corporation tax
Inform HMRC That You Are Liable For Corporation Tax It’s important that you are prepared for corporation tax, so here are some simple rules to abide by when it comes to running a limited company or organisation. First off, you need to tell HMRC that your organisation is liable for corporation tax. Meet Your Corporation […]
- Tax Saving Accountants
- 4 May 12
What if I want to sell a business to family?
If you intend to sell your business to family in order to keep the company running through the generations, there are a lot of things to consider. In order to make the transition between you and your successor much easier, it is important that you successfully arrange the handover procedure. This process of passing down […]
- Tax Saving Accountants
- 27 Apr 12
Have you received a Tax Fine Notice in error?
Roughly 12,000 people in the UK who had been told that they are no longer required to fill in their self-assessment tax forms now appear to have been sent these penalty notices in error. The letters were sent by HM Revenue and Customs, and came after the new £10 daily fine which now occurs for […]
- Tax Saving Accountants
- 20 Apr 12
The hidden wealth families hide to avoid care home costs
It has now become increasingly common for the relatives of pensioners to hide the full wealth of the pensioner, in order to avoid paying high and rising care home fees. Many local authorities are also failing to use legal powers in order to take this money back, too. In many cases, the savings of pensioners […]
- Tax Saving Accountants
- 27 Mar 12
Are we to overpay over £12bn in tax in 2012?
British Taxpayers To Pay £421 In Tax British taxpayers are expected to overpay in tax this year, at an average of around £421 all in all. It’s also expected that 85% of us will be unable to reduce our tax bills, too. Brand-new figures have brought about these expectations. 2012 Will Be The Second Biggest […]
- Tax Saving Accountants
- 20 Mar 12
Liberal deputy Prime Minister supports new Tycoon Tax proposal
Liberal Democrat leader and Deputy Prime Minister Nick Clegg has aired his support for the tycoon tax proposal, which would bring in a minimum taxation rate to ensure that all citizens pay their ‘fair share’. Speaking before his party’s annual conference and before the budget was announced, Clegg claimed that the current system of allowing […]
- Tax Saving Accountants
- 6 Mar 12
Online traders could face HMRC investigation
Online traders are being targeted by Her Majesty’s Revenue and Customs in a new bid to crack down on unpaid tax. HMRC is asking all online marketplace traders and business owners to come forward to admit any tax that they haven’t paid – failure to do so will result in ‘harsher penalties’. This new clamp […]
- Tax Saving Accountants
- 29 Feb 12
Need to win bank funding? Part 2
It’s necessary to be more professional and provide more information than ever to the banks if you have the intention of getting a business loan. After the economic downturn, the banks have simply stopped lending to a lot of people, and now require a lot more proof of financial stability in order to lend. Below […]
- Tax Saving Accountants
- 15 Feb 12
Need an accountant? The choices
When it comes to accounting, you have two options – an account and a financial planner. But how do you know which one you need? It’s easier than you think. One of the main reasons why people hire is an accountant is if they have a lot of wealth, or a business that is bringing […]
- Tax Saving Accountants
- 22 Aug 11
Peterborough Travel Company Parts With Head Of UK Retail Division
Thomas Cook parting with second senior figure Thomas Cook is parting with Ian Derbyshire, head of UK retail division, after only recently parting ways with former chief executive, Manny Fontenla-Novoa. The Peterborough based travel company, reported to be in trouble, said that Ian Derbyshire left to take over the family’s business. The company’s former Chief […]