Posted by: Raphael
in Tax Return on Mar 03, 2010
Tagged in:
tax year ,
Tax Returns ,
Tax Return ,
tax enquiry ,
tax enquiries ,
self-assessment ,
self employment ,
penalty ,
penalties ,
notification of chargeability ,
HMRC ,
filing deadline ,
due date ,
accounting records ,
31 January
For those who know about the system of self assessment, a Tax Return can soon become an unwelcome reminder of tax to pay and of time that has to spent satisfying the need of the Chancellor.
Although subject matter that can easily fall to the bottom of a list of interesting things to learn about, most of us are well served to know at least the basics of the tax system.
Posted by: Raphael
in Tax Credits on Dec 21, 2009
Tagged in:
Transfer assets to children ,
Statutory Maternity Pay ,
maternity allowance ,
Health in Pregnancy Grant ,
family tax planning ,
Employ your children ,
Children's Stakeholder Pensions ,
childcare vouchers ,
childcare salary sacrifice ,
childcare element ,
childcare costs ,
Child Trust Fund ,
child tax credits ,
Child Benefit ,
a share in the family business
When you run your own business, bringing a child into the world is a costly matter; it introduces the strain of supporting a household as well as the extra pressure of juggling work and home commitments. The good news is that the government is offering financial support. Take our tax tips for parents to make sure you are getting your state entitlements, from pregnancy right through to employing your children in the business.
01For company directors, make sure you receive the correct Maternity, Paternity or Adoption Pay
Posted by: Raphael
in Budget on Dec 14, 2009
Tagged in:
VAT rate rise ,
stamp duty holiday ,
Pre budget report ,
pension relief ,
NI rise ,
IHT freeze ,
furnished holiday lets ,
enterprise guarantee scheme ,
electric car tax break ,
business rates exemption ,
bankers bonus supertax ,
6 April 2010
In his last pre-budget report before the election, Alistair Darling unveiled a number of measures aimed at bringing about economic recovery in the UK economy.
For individuals, the allowances will remain frozen at 2009/10 levels, although the pledged increase in income tax for those earning over £150,000 will be introduced on 6 April 2010.
Posted by: Raphael
in VAT on Dec 04, 2009
Just as you were getting used to the VAT rate at 15% it is nearly time for the rate to change again. From the 1 January 2010 the rate will be going back up to 17.5%, after 13 months at the lower level.