More Tax Information
Here’s a very long list of the many areas in which we can provide help and support. Be sure to call if you have a question or problem which is not listed below. We will be very interested to learn about it.
Key Dates and Deadlines
Key filing and payment dates.
Corporation Tax
Details of corporation tax rates and bands.
Income Tax
Personal tax rates and allowances.
Inheritance Tax
Inheritance tax rates, nil rate band and allowances.
Capital Gains Tax
Capital gains tax rates and allowances.
Tax Planning for Business Owners
Tax planning for business owners includes the choice of accounting reference date for sole traders and partnerships, what to do if you have more than one business, and how best to manage profits when you succeed. The earlier you make these decisions the better.
Offshore Issues
We can help with a variety of issues including going abroad to live and how best to handle the movement of funds in any direction.
VAT
We provide a wealth of advice and information relating to the operation of VAT, including essential tips for VAT planning, VAT schemes and how to survive the VAT inspector’s visit.
PAYE and NI
We provide a popular and efficient outsourced service to remove this admin load. If you prefer to handle PAYE and NI internally, we can help with real time information and PAYE and NI planning guides. Why not use our payslip calculator to check your net pay? {NEED}
IR35 Centre
IR35 relates to legislation and rules intended to apply PAYE and NIC charges on earnings from a company or partnership which is termed an “intermediary”.
Tax and Business Calendar
Timing is important, defaults can be costly. Refer to us for details of compliance and regulatory deadlines for business and personal taxes.
National Insurance Contributions
National insurance contributions and rates
Residential Property Letting
Residential property letting tax rates and allowances.
Main Capital Allowances
Reduce your business tax liability with your capital expenditure.
Business Deductions
In order to attract a deduction in computing the profits of a trade or business any expenses must be incurred wholly and exclusively for the purpose of the trade. Capital expenditure is not an allowable expense (capital allowances are claimed on these costs), and certain other expenses are barred by statute.
Penalties for Late Returns
The tax system has many fines and penalties for those that do not file or pay on time. Make sure you do not become liable to any of these fines or penalties.
Trusts and Settlements
Trusts and settlements – tax rates and allowances.
Non-domiciled Individuals
The basics of the non-domicile charge.
Qualification for a Small or Medium-sized Company
Qualification to be a small or medium-sized company applies if two or more of the following criteria are met in the current and preceding year.
Green Travel Allowances
There are a number of schemes intended to encourage employers to make arrangements for their staff to travel to work by more environmentally beneficial means.
Mileage Allowances
Current and previous mileage allowances.
Vehicle Benefits
Chargeable on employees earning £8,500 or over (including benefits), and directors.
Vehicle Benefits
Check your benefit for this tax year.
Vehicle Duties
Vehicle duties
Pension Premiums
There are limits that may be contributed to a registered pension scheme without incurring a tax charge. The maximum amount on which an individual can claim tax relief in any tax year is the greater of the individual’s UK relevant earnings or £3,600.
EIS, SEIS and VCT
Enterprise investment schemes, seed enterprise investment schemes and venture capital trusts.
ISAs and New ISAs (NISAs)
Details of this year’s investment maximums for ISAs and New ISAs (NISAs).
Stamp Taxes
Details of the rates and types of stamp taxes.
Air Passenger Duty Rates
Duty levied on flights
Landfill Tax
Landfill tax rates
Charitable Giving
Charitable contributions and Gift Aid.
Annual Tax on Enveloped Dwellings (ATED)
ATED is a tax payable by companies on high value residential property (a dwelling).
Tax Credits
Tax credits rates for this year and the last tax year.
State Pension
State pension rates, pension credit and winter fuel allowances.
Benefit Rates
Selected benefit rates.