An Introduction to Self-Assessment Tax
Self-assessment began in 1997, with the idea. That taxpayers can complete their own tax returns. The reality has turned out to not be quite so simple.
An Introduction to Self-Assessment Tax Read More »
Self-assessment began in 1997, with the idea. That taxpayers can complete their own tax returns. The reality has turned out to not be quite so simple.
An Introduction to Self-Assessment Tax Read More »
You are no doubt aware of the potential advantages relative to the payment of salary or dividends by your company to its director/shareholders. In particular, dividends do not attract national insurance contributions. So, while tax is due it is not collectible through the PAYE method. Filing the receiver’s self-assessment tax return form with no direct
Dividends and PAYE/NI – Salary or Dividends Read More »
The big news for individuals is that the personal allowance will increase to £9,205 from 6 April 2013, so you have to wait another year for that extra tax-free income. The personal allowance has already been increased by £630 from 6 April 2012 to £8,105, and the other allowances are increased as indicated below.
Budget 2012 Summary Read More »
HM Revenue & Customs now change, on a quarterly basis, the rates at which business mileage allowances may be paid for cars provided by an employer, but where all fuel is paid for by the directors/employees personally.
Changes in Motor Vehicle Travel Costs Read More »
On the 6th April 2006 (A Day) new rules were introduced which were a major overhaul of the pension system, designed to simplify the pension regime and iron out differences between different types of pension arrangements.
Pension Simplification & Rules Read More »