by Andrew Totton | Mar 16, 2016 | Budget Announcements, Business Taxes, Starting a business?
Today, George Osborne delivered his eight budget, and below we have a summary of the key announcements: Outlook The UK Economy is strong, growing and resilient There are storm clouds gathering over the Global Economy The UK Economy will grow by 2% this year, 2.2% in... by Andrew Totton | Feb 22, 2016 | Business Taxes, Payroll, Self assessment, Starting a business?, Uncategorized
With the new Dividend tax rules that come into force from 6th April 2016, the HMRC has decided that it doesn’t want to wait until April 2017 to start collecting these new revenues, when those affected declare the earnings and Income tax through their self-assessment... by Andrew Totton | Feb 17, 2016 | Budget Announcements, Business Taxes, Self assessment, Starting a business?
From 6th April, the old Dividend Tax Credit system is being abolished and replaced by new tax rules on dividends. For those Limited company owners, this brings about a whole new approach to how the majority of their earnings will be taxed, and with it, new challenges... by Andrew Totton | Nov 4, 2015 | Starting a business?
For small businesses, using book-keeping software provides a useful tool to record the Income and Costs of your business, and allow you to track how your business is doing. Traditional book-keeping software However, traditional software can sometimes be tedious and... by Andrew Totton | Jul 8, 2015 | Budget Announcements, Business Taxes, Starting a business?
Today, the Chancellor, George Osborne, has delivered his first budget under the new Conservative government. Here are the key points: Personal tax The personal allowance to rise to £11,000 from April 2016 (currently at £10,600). This is to increase to £12,500 by 2020.... by Andrew Totton | Jun 23, 2015 | Business Taxes, Self assessment, Starting a business?, VAT
Thousands of us do it – but did you know that if you sell items on sites like E-Bay, Gumtree and Amazon, that you could be the target of a HMRC crackdown on tax evasion? Following changes to HMRC’s powers last year, various selling websites are being...
