by Andrew Totton | Nov 7, 2017 | Starting a business?
If you are a small business owner or thinking of starting a business you may wish to read on . . . A significant consideration for you to make is how to extract the profits you make from your company, to you, the owner of the business. Below, we have set out some tips... by Andrew Totton | Mar 8, 2017 | Budget Announcements, Business Taxes, Self assessment, Starting a business?
Below are a summary of the key points in the Chancellor’s budget on 8th March 2017, from a Tax perspective: · Corporation tax rate to fall to 19% from April 2017, and to 17% by 2020 as planned · The “Making Tax Digital” requirements to be delayed for... 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 | 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... by Andrew Totton | Sep 30, 2014 | Business Taxes
HM Revenue & Customs (HMRC) has, this week, increased its powers to be able to take up to £17,000 each year, for tax debts, directly from individuals accounts. Previously the limit was £3,000, but has now been substantially increased. This change will not affect...
