Industry News Archive

Autumn Statement

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As the UK recovers from the most severe financial crisis in generations, the Autumn Statement 2011 could only focus on one objective: strengthening the economy.

As expected, the…

 
 

Inflation versus Savings – The Most Profitable Options For You

We discuss the inflation-beating options open to savers in the current economic climate…

 
 

Don’t be caught out by your P800 Tax Calculation this year

Your P800 tells you whether HMRC thinks you have paid the correct amount of tax in the previous year. Check your details…

 
 

HMRC makes a U-Turn on VAT on interest under Flat-Rate Scheme Rules

Businesses operating on the VAT Flat-Rate Scheme (FRS) have had to pay VAT on deposit interest, HMRC have now admitted that this was wrong…

 
 

NI Holiday still available for North-West Start-Ups

The scheme can provide relief to new businesses of upto £5000 per employee, but just 1094 businesses in the North-West have taken up the scheme.

 
 

Private Tutors & Online Sellers – latest focus in HMRC VAT Crackdown

HMRC will be looking into the second incomes of private tutors and profit-making online sellers.

 
 

New Self Assessment penalties starting Autumn 2011

Remember – new Self Assessment penalties for late returns and late payments…

 
 

Delay in the Issue of some Self Assessment Statements

The delay has been attributed to a higher than usual number of statements to process…

 
 

50p Tax Rate to be Abolished?

George Osborne has confirmed the 50p rate on tax will be abolished, although a definite date for the change in legislation has yet to be announced…

 
 

AIA UPDATE: Capital Allowances Loophole Closes

The Government has brought forward the proposed reduction for effect immediately, citing concern surrounding the potential loss of significant revenue to the Exchequer…