Structuring Your Company In The Most Tax Efficient Way
It is all too common for Small to Medium Business owners to get swallowed up by their own company; you have all heard the term 'working in the business, not on the business', and I can certainly relate to that.
So who gets time to look at the nitty-gri...
Reduce Tax Liability - Deductible Business Expenses
Expenses is a very large area of tax, and one of the most challenging as well, which is why we’ve written this blog post; to try and give you an idea of some of the expenses that you can claim.
An expense is allowable as long as it was reasonably incur...
Tax Threshold 2011/12 - How Will The Changes Affect Me?
The Government have announced changes to the way your income is taxed. At the moment (2010-11), there is a personal allowance of £6,475 that can’t be taxed.
The basic rate is for all incomes between £0 and £37,400 and is taxed at 20%. tax
The higher...
Corporation Tax 2011/12 Beginner's Guide & Tax Rates
This is where you can learn all about Corporation Tax – what it is, the rates, who needs to do it, what you need to do for it, submCorporation Tax 2011/12itting online, what an ‘accounting period’ is, and how to work out your taxable profits.
Corporati...