As of the 6th April 2011 the Approved Mileage Allowance Payments (AMAP) will increase...
Read this or you may miss out! Understanding all the different tax issues can...
These seminars will discuss the tax and legal advantages and disadvantages of becoming a...
Many businesses operate as sole traders or partnerships but by changing the entity under...
Under-claimed VAT can now be reclaimed as far back as 4 years, rather than 3 years. If the sum to be claimed is less than £10,000 then you can reclaim it in your next VAT return. If it is more than £10,000 then it must be reclaimed through the submission of the appropriate form. It … Continued
If you fill in a tax return you are legally obliged keep all the paperwork to back it up. This may include your personal bank statements if the accounts concerned are interest-bearing. You have to keep records going back quite a long way. A company with a 31st March year end may not shred its … Continued
Businesses can currently write off 100% of the cost of qualifying assets against their taxable profits, up to an annual limit of £100,000. AIA allows businesses to receive tax relief on qualifying plant and machinery expenditure in the year it is incurred. Assets that can be written off in this way include commercial vehicles, plant, … Continued