<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3c.org/TR/1999/REC-html401-19991224/loose.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"><head><title>October livewire</title> <meta http-equiv="Content-Type" content="text/html; charset=unicode"> <style type="text/css"> <!-- body { margin-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 0px; } --> </style> <meta content="MSHTML 6.00.6000.16915" name="GENERATOR"></head> <body> <div align="center"> <table width="550" border="0"> <tbody> <tr> <td valign="top" bordercolor="#0" height="10"> <div align="center"><span style="FONT-SIZE: 10px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">If you are having trouble viewing this email, please click <a href="http://www.rjp.co.uk/livewire/october09.htm" target=_blank>here.</a><br></span></div></td></tr> <tr> <td valign="top" bordercolor="#0" height="859"> <table height="76" width="550" border="0"> <tbody> <tr> <td width="9" height="30">&nbsp;</td> <td width="211"><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">&nbsp; </span></td> <td width="189" rowspan="2"> <div align="right"><span style="FONT-SIZE: 12px; COLOR: #213b72; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none"></span>&nbsp;</div> <div align="right"><span style="FONT-SIZE: 12px; COLOR: #213b72; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none"></span>&nbsp;</div> <div align="right"><span style="FONT-SIZE: 12px; COLOR: #213b72; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none"></span>&nbsp;</div> <div align="right"><span style="FONT-SIZE: 12px; COLOR: #213b72; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none"></span>&nbsp;</div> <div align="center"><span style="FONT-SIZE: 12px; COLOR: #213b72; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none"><a style="COLOR: #213b72; TEXT-DECORATION: none" href="http://www.rjp.co.uk" target=_blank>www.rjp.co.uk</a><br>Tel: 0870 22 55 220</span></div></td> <td width="116" height="10"> <div align="right"> <div align="right">&nbsp;</div></div></td> <td width="3">&nbsp;</td></tr> <tr> <td height="26">&nbsp;</td> <td valign="top" height="30" v> <p><span style="FONT-SIZE: 11px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"><span style="FONT-SIZE: 11px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"><img height=28 alt=LIVEWIRE src="http://www.rjpbackup.plus.com/livewire_logo.jpg" width=180> </span></strong></span></span></strong></span></p> <p><span style="FONT-SIZE: 11px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"><span style="FONT-SIZE: 11px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"></span></strong></span></span></strong></span><span style="FONT-SIZE: 11px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"><span style="FONT-SIZE: 11px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong>The monthly newsletter from <br>Robert James Partnership</strong></span></span> </strong></span></p></td> <td width="116"> <div align="right"><span style="FONT-SIZE: 12px; COLOR: #213b72; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none"> <div align="right"><img height="70" alt="Robert James Partnership - Graphic" src="http://www.rjpbackup.plus.com/livewire_bannerbeans.jpg" width=176></div></span></div></td> <td width="3">&nbsp;</td></tr></tbody></table> <table cellspacing="0" cellpadding="0" width="550" border="0"> <tbody> <tr> <td width="14" height="1"></td> <td width="530" bgcolor="#213b72"></td> <td width="6"></td></tr></tbody></table> <table height="780" cellspacing="0" cellpadding="0" width="550" border="0"> <tbody> <tr> <td height="12"></td></tr> <tr> <td width="14" height="768">&nbsp;</td> <td valign="top" width="205"> <table style="WIDTH: 205px; HEIGHT: 402px" cellspacing="0" cellPadding=7 width=205 bgColor=#ffffff border=0> <tbody> <tr> <td style="BORDER-RIGHT: #264099 thin solid; BORDER-TOP: #264099 thin solid; BORDER-LEFT: #264099 thin solid; BORDER-BOTTOM: #264099 thin solid; BACKGROUND-COLOR: #ffffff" vAlign=top height=402><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"><font size=4> <p align="left"><img height="33" alt="Robert James Partnership Logo" src="http://www.rjpbackup.plus.com/rjp_logo.jpg" width=75></p></font></span> <p><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"><b><font size=4>LiveWire -&nbsp;October 2009</font> </b></span></p> <p><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">Welcome to the&nbsp;October edition of Livewire. </span></p> <p><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">October has come and gone with its series of entertaining party conferences and some outlandish policy proposals.</span></p> <p><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">This month's Livewire looks at one in particular that caught our eye and questions the fairness of the current tax system. </span></p> <p><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">That got us thinking about tax more generally and whether we wouldn't all be better off if an independent body set tax policy in the future, like the way the Bank of England was de-coupled from the government.</span></p> <p><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">And we put together a wish list for the pre-Budget Report - probably the most eagerly anticipated one in history.</span></p> <p><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"></span><span style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">Please let us know what you think, you can comment through our <a href="http://rjpteam.wordpress.com" target=_blank>blog</a></span></p> <p style="FONT-SIZE: 12px; COLOR: #000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">Please contact Lesley Stalker, Simon Paterson or Paul Webb on 0870 2255220 for more information.</p></td> </tr></tbody></table><span style="FONT-SIZE: 16px; COLOR: #213b72; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong><br>Find out more about RJP at <a style="FONT-SIZE: 16px; COLOR: #213b72; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none" href="http://www.rjp.co.uk">www.rjp.co.uk</a></strong></span> </td> <td width="13">&nbsp;</td> <td valign="top" width="318"> <table height="103" cellspacing="0" cellpadding="0" width="318" border="0"> <tbody> <tr> <td valign="top" width="43" height="35"><img height="23" alt="Graphic" src="http://www.rjpbackup.plus.com/bean_1.jpg" width=30></td> <td valign="top" width="275"><span style="FONT-SIZE: 14px; COLOR: #5659a6; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong>The Fairness of the Tax System</strong></span></td></tr> <tr> <td colspan="2" height="58"> <p><span style="FONT-SIZE: 12px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">Recent tax proposals by the Liberal Democrats raise interesting questions as to the fairness of the tax system.</span></p> <p><span style="FONT-SIZE: 12px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">One item highlighted is the discrepancy between capital and income tax rates. </span><span style="FONT-SIZE: 12px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">T</span><span style="FONT-SIZE: 12px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">o find out more click&nbsp;</span><a style="FONT-SIZE: 12px; COLOR: #213b72; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none" href="http://www.rjp.co.uk/livewire/live261009_1.htm" target=_blank>here...</a></p></td></tr> <tr> <td height="13"></td></tr></tbody></table> <table height="104" cellspacing="0" cellpadding="0" width="318" border="0"> <tbody> <tr> <td valign="top" width="43" height="35"><img height="24" alt="Graphic" src="http://www.rjpbackup.plus.com/bean_2.jpg" width=30></td> <td valign="top" width="275"><span style="FONT-SIZE: 14px; COLOR: #f27982; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong>RJP's 2009 Pre-Budget Report Wish List</strong></span></td></tr> <tr> <td colspan="2"> <p><span style="FONT-SIZE: 12px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">What would you like to see in the forthcoming Pre-Budget report? </span></p> <p><span style="FONT-SIZE: 12px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">When Alastair Darling stands up to announce his pre-Budget report this November, he has to try and please as many people as possible. After all it isn't just his job that depends on it but those of his entire party. For our Pre-Budget report wish list</span> <a style="FONT-SIZE: 12px; COLOR: #213b72; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none" href="http://www.rjp.co.uk/livewire/live261009_2.htm" target=_blank>click here...</a></p></td></tr> <tr> <td height="13"></td></tr></tbody></table> <table height="69" cellspacing="0" cellpadding="0" width="318" border="0"> <tbody> <tr> <td valign="top" width="43" height="35"><img height="24" alt="Graphic" src="http://www.rjpbackup.plus.com/bean_3.jpg" width=30></td> <td valign="top" width="275"><span style="FONT-SIZE: 14px; COLOR: #59b554; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong>Should Tax be a Cross Party Issue?</strong></span></td></tr> <tr> <td bordercolor="#00ff00" colspan="2"><p><span style="FONT-SIZE: 12px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">Tax is a key political issue and as we have heard over the past weeks, the parties bicker constantly over it.</span></p> <p><span style="FONT-SIZE: 12px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">How fair is that on the tax payers of the UK? The answer is it's not. For more </span><a style="FONT-SIZE: 12px; COLOR: #213b72; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none" href="http://www.rjp.co.uk/livewire/live261009_3.htm" target=_blank>click here ...</a></p></td> </tr> <tr> <td height="13"></td></tr></tbody></table> <table height="69" cellspacing="0" cellpadding="0" width="318" border="0"> <tbody> <tr> <td valign="top" width="43" height="35"><img height="24" alt="Graphic" src="http://www.rjpbackup.plus.com/bean_4.jpg" width=30></td> <td valign="top" width="275"><span style="FONT-SIZE: 14px; COLOR: #f48343; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong>Changes to VAT Filing</strong></span></td> </tr> <tr> <td colspan="2"><p><span style="FONT-SIZE: 12px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">We would like to remind you that if your annual VAT exclusive turnover is more than £100,000, you will, as of 1 April 2010 have to file your VAT return online.</span></p> <p><span style="FONT-SIZE: 12px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">Furthermore if you register for VAT on or after 1 April&nbsp;2010, you will have to file online regardless of your turnover. Click here to </span><a style="FONT-SIZE: 12px; COLOR: #213b72; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none" href="http://www.rjp.co.uk/livewire/live261009_4.htm" target=_blank>read more ...</a></p></td> </tr> <tr> <td height="13"></td></tr></tbody></table> <table height="34" cellspacing="0" cellpadding="0" width="308" border="0"> <tbody> <tr> <td style="BORDER-RIGHT: #f8991d thin solid; BORDER-TOP: #f8991d thin solid; BORDER-LEFT: #f8991d thin solid; BORDER-BOTTOM: #f8991d thin solid; BACKGROUND-COLOR: #ffe7cc"><img height=30 src="http://www.rjpbackup.plus.com/media_header_wide.jpg" width=308></td></tr></tbody></table> <table height="98" cellspacing="0" cellpadding="7" width="312" border="0"> <tbody> <tr> <td style="BORDER-RIGHT: #f8991d thin solid; BORDER-TOP: #f8991d thin solid; BORDER-LEFT: #f8991d thin solid; BORDER-BOTTOM: #f8991d thin solid; BACKGROUND-COLOR: #ffe7cc" vAlign=top width=302 height=97><p><strong><a style="FONT-SIZE: 11px; COLOR: #213b72; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none" href="http://www.thisismoney.co.uk/tax/article.html?in_article_id=491506&amp;in_page_id=11#" target=_blank><strong>Website Article - How to raise taxes the fair way - www.thisismoney.co.uk (October 2009) </strong></a></strong></p> <p><a style="FONT-SIZE: 11px; COLOR: #213b72; FONT-FAMILY: Arial, Helvetica, sans-serif; TEXT-DECORATION: none" href="http://www.realbusiness.co.uk/news/business-woman/5699306/lib-dems-target-entrepreneurs-with-proposed-tax-hikes.thtml#" target=_blank><strong>Website Article - Entrepreneurs targeted by tax hikes - www.realbusiness.co.uk (October 2009)</strong></a></p> </td> </tr></tbody></table> <table height="90" cellspacing="0" cellpadding="0" width="318" border="0"> <tbody> <tr> <td width="260" colspan="2"><span style="FONT-SIZE: 13px; COLOR: #213b72; LINE-HEIGHT: 16px; FONT-FAMILY: Arial, Helvetica, sans-serif"><strong><br>If you have any feedback or suggestions for articles you would&nbsp;like to see please email us at <a href="mailto:post@rjp.co.uk?subject=Livewire">post@rjp.co.uk</a></strong></span></td> </tr> <tr> <td width="58" height=13></td></tr></tbody></table></td></tr></tbody></table> <table cellspacing="0" cellpadding="0" width="550" border="0"> <tbody> <tr> <td style="PADDING-RIGHT: 0px; PADDING-LEFT: 15px; PADDING-BOTTOM: 25px; PADDING-TOP: 15px"> <p style="FONT-SIZE: 10px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">Robert James Partnership is a trading name of RJP LLP - Chartered Certified Accountants &amp; Chartered Tax Advisers</p> <p style="FONT-SIZE: 10px; COLOR: #000000; LINE-HEIGHT: 14px; FONT-FAMILY: Arial, Helvetica, sans-serif">2 AC Court, High Street, Thames Ditton, Surrey KT7 0SR<br> Registered in England &amp; Wales, Registered No:OC323740<br> Tel: + 44 (0870) 2255220 Fax: +44 (0870) 2255221 Web: www.rjp.co.uk</p></td></tr></tbody></table></td></tr></tbody></table> </div> </body></html>