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VAT Changes |
In his recent Pre-Budget Report, Chancellor Alistair Darling announced that the standard rate of VAT is reduced from 17.5% to 15% from 1 December 2008. Click here to view article. |
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| More about the VAT Rate Change |
The standard rate of VAT is reduced from 17.5% to 15% for the period 1 December 2008 to 31 December 2009. The rate will then revert to 17.5%. No changes have been made to the 5% reduced rate or the 0% rate. Click here to view article. |
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Interesting Opportunity to Pay Tax Bills |
With the current financial climate encouraging us all to make the most of our money, individual and corporate taxpayers may find Certificates of Tax Deposit (CTDs) a useful option. Click here to view article. |
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| Proposed Personal Tax Changes |
The government has announced significant changes to the system of personal allowances and tax rates for the next few years. These mainly impact on those with higher levels of income. Click here to view article. |
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| Corporation Tax Changes |
The rise in the small companies corporation tax rate is to be delayed by one year. Click here to view article. |
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| Taxation of Business Travel |
Further details have been provided on the changes to the capital allowance treatment of cars. The changes will have effect from 1 April 2009 for corporation tax purposes and 6 April 2009 for income tax. Click here to view article. |
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| Pension Forecast |
Do you know how much your state pension could be when you retire? The Pensions Service will provide a forecast of this information either by letter or an online email service. Click here to view article. |
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| Parties for Employees |
Are you planning a party for your staff? Make sure you are clear on the tax implications. Click here to view article. |
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| Tougher Penalties for Persistent Late Filing |
Late filing penalties are now doubled if accounts and returns for financial years beginning on or after 6 April 2008 are filed late in two successive years. Click here to view article. |
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| Beware of Mandatory Company Trading Disclosures £5000 Fine |
From 1 October 2008, new rules are in place to unify and replace the various regulations setting out the trading disclosures that incorporated companies must make to show their legal identity. Click here to view article. |
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| Business & Tax News |
You can find all our recent tax and business articles by clicking on the following links: Tax - www.glazers.co.uk/tax_news.htm |
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Glazers Chartered Accountants
843 Finchley Road, London NW11 8NA Tel no: (020) 8458 7427 Fax no: (020) 8458 8504 e-mail:quality@glazers.co.uk web: www.glazers.co.uk
The information in this newswire is believed to be correct at the time of circulation. It is essential to take advice on specific issues. |