MB McGrady & Co is pleased to announce the relaunch of its Castlewellan Surgery Office on Monday 14th of May. The office which has been established for over 30 years will be relocated to The Lodge Business and Cultural Centre … Continue reading →
Prior to 1 March 2012 there was a relatively straight forward way for shareholders to wind their company up and withdraw the remaining funds. Under Extra Statutory Concession C16 (ESC C16) it was possible, on giving of certain assurances to … Continue reading →
Starting from 6 April 2012 HMRC will be able to ask employers to pay a financial security if they think there is a serious risk that the employer will not pay their PAYE tax deductions or National Insurance contributions on … Continue reading →
If you are in receipt of UK rental income you are required to complete and submit an income tax return to HM Revenue and Customs (HMRC). A potential tax liability arises on the net rental income received from the properties … Continue reading →
Our tax rate guide for the new financial year is here! Download the MB McGrady Tax Rates Guide 2012-13
The Chancellor George Osbourne’s statement contained some key announcements on personal and business taxation. Read our budget review newsletter to find out more. Download our budget response newsletter.
Recent statistics show that new businesses are not taking advantage of the government’s NI-free scheme. Is your company missing out? In January David Cameron made a statement saying he was disappointed at the poor response to the governments NI holiday … Continue reading →
As we are fast approaching the end of the tax year for 2011/12 we have outlined below a summary of key areas that you need to consider before 5 April 2012. Click to download the MB McGrady Year End Planner … Continue reading →
TOPICAL TIPS QUIRKS IN THE TAXATION OF SOME LAND ASSET SALES There are times when a throwaway comment develops into an interesting tax query. During a lighthearted conversation with a client farmer, a business proposal was raised. It was suggested … Continue reading →
At present newly-registered businesses and those with turnovers exceeding £100,000 are required to submit their VAT returns online and pay electronically. All other VAT-registered businesses can submit a paper return and do not have to pay electronically. This is to … Continue reading →