Yesterday George Osborne proved that Budgets aren’t always borning and predictable. His proposed shake up and simplification of the tax system in Briatin is wide reaching and will offer many pros (and cons) to business owners looking to cut their tax bills.
Lesley Stalker gave her views on the matter to Businesszone’s editor Dan Martin. You can read the full article here.
Leave a Comment March 22, 2012
It’s almost Christmas and the end of another busy year. It’s one many of us will be glad has passed, with business conditions continuing to be difficult due to a lack of available finance and uncertainty over the Euro and Europe affecting demand.
So what have we got to look forward to in 2012 by way of tax breaks and opportunities. Here are our picks of what was announced in the November Autumn Statement. As is becoming customary with this government, the draft legislation has already been issued, which means the changes will go ahead as suggested. (more…)
Leave a Comment December 15, 2011
Before we give the lowdown on the Chancellor’s autumn statement, it’s worth mentioning that pithy overviews of pre-Budget announcements such as this are easier to do when there are some upbeat headlines as well as the inevitable sharp intakes of breath and economic tightening of belts, says Paul Webb, tax partner at Surrey accountant RJP. Not so here. In his speech, Osborne said he would do ‘whatever it takes’ to protect Britain from the ‘debt storm’ in Europe. (more…)
Leave a Comment November 30, 2011
Now it has been confirmed the 50% tax rate will be lifted in the not too distant future, how might it be possible to avoid paying it al together? Taxtalk explores some relevant tax planning opportunities.
There was nothing unduly generous for individuals in this Budget in spite of the increase to the personal allowance.
Continue Leave a Comment March 23, 2011
We predict business and personal tax announcements in the coming Budget 2011. Overall whatever we get, business owners really need a ‘roadmap’ to understand how the tax system will develop over the coming years. Then they can start making planning decisions for their business. In particular having a long range view will help with longer term workforce planning, deciding whether to hire new staff, where to locate offices and important investment decisions.
Continue Leave a Comment March 18, 2011
Yesterday’s Budget was the first decent budget for entrepreneurs and business owners for some time and it’s exactly what the country needs to help rebuild economic activity.
Continue Leave a Comment June 23, 2010
Last week, the new Conservative LibDem coalition government was announced amid a flurry of guarded excitement and scepticism. The coalition has been quick to stamp out suggestions that their political differences will be too marked to produce effective financial policy and so far, the speed with which agreements have been reached is impressive and very positive in terms of their quality.
Continue Leave a Comment May 19, 2010
We predicted it would be a controversial pre-budget report and it lived up to expectations, with some headline measures that are clearly designed to win over the hearts and minds of Labour’s core supporters. But in spite of this, most observers would agree that overall, it was a pretty good result for Surrey’s business owners.
Continue Leave a Comment December 11, 2009
There wasn’t much cheer in the Budget for small business owners, what with the new higher rate of tax introduced and the implications on pension contributions. But there are always opportunities for tax planning, which could help minimise your tax liabilities in the future. Here are some of the most worthwhile:
Continue Leave a Comment August 6, 2009
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