Tax N2K

Emergency Budget Wishes 2010

June 17, 2010

Letter to George Osborne MP regarding my wishes for next Tuesday’s Emergency Budget Speech: Dear Mr Osborne MP, Emergency Budget 2010 I appreciate that you have an extremely difficult job next Tuesday 22 June 2010 in delivering a Budget Report that seeks not only to balance the books over the longer term but to also avoid derailing any [...]

Read the full article →

Tax measures in the coalition government agreement – what might they mean for you?

May 19, 2010

Personal allowance to be increased to help lower and middle income earners. The Coalition has agreed that there will be a substantial increase in the personal allowance from April 2011. The amount for those under 65 is currently £6,475. The increase in the Employers’ National Insurance thresholds proposed by the Conservatives will go ahead, reducing [...]

Read the full article →

Capital Allowances for fixed asset expenditure – a brief recap!

May 18, 2010

[Note that much of the information below has since changed following subsequent announcements - please check more up-to-date posts] A raft of tax changes is expected to be announced in the emergency budget scheduled for 22 June 2010 including potential changes to tax relief on capital expenditure – such tax relief is referred to as “capital [...]

Read the full article →

Emergency Budget – 22 June 2010

May 17, 2010

Batten Down the Hatches! 22 June 2010 by BusinessN2K Design custom t-shirts at zazzle So the date of the George Osborne’s first Budget as Chancellor has been announced as Tuesday, 22 June 2010. Likely to be one of the most far-reaching budget announcements for small businesses and entrepreneurs in recent years, there will be plenty [...]

Read the full article →

Should I set up a Limited company for my new start-up?

May 13, 2010
Thumbnail image for Should I set up a Limited company for my new start-up?

Most business start-ups tend to opt for setting themselves up as a limited company from day one – but is this right? Answer: It depends. In many cases, a limited company is the right option but it pays to think through all the options as there can be benefits to thinking a little differently. You basically [...]

Read the full article →

Tax Simplification – There’s a long way to go!

April 14, 2010
Thumbnail image for Tax Simplification – There’s a long way to go!

See the latest edition of UK tax legislation on my desk. It runs to over 21,000 pages -  this does not include the recently published Finance Act 2010! So if your tax advisor ever says “….well, its not quite that simple….” in response your straightforward question or otherwise perfectly logical suggestion, hopefully this well help [...]

Read the full article →

Conservative Manifesto – What does it mean for your business?

April 13, 2010

“Our ambition is to create the most competitive tax system in the G20 within five years.We will restore the tax system’s reputation for simplicity, stability and predictability.” David Cameron and the Conservative Party launched their manifesto for the impending May 2010 election today. So what were the key points for business? Emphasis is made of [...]

Read the full article →

TIGA targets tax incentives to position UK Games Industry at the leading edge

April 12, 2010
Thumbnail image for TIGA targets tax incentives to position UK Games Industry at the leading edge

TIGA, the trade association supporting the UK Games Industry, has launched its manifesto in readiness of the incoming governing party – whoever that may be from 6 May 2010? Key proposals include (in my preferred order): Introduce a Games Tax Relief “as soon as possible” – we know it should be coming as it was [...]

Read the full article →

2010 Year End Tax Planning Tips for UK Entrepreneurs

March 30, 2010
Thumbnail image for 2010 Year End Tax Planning Tips for UK Entrepreneurs

Given that the 5 April 2010 UK tax year end is imminent, we are busy advising our UK entrepreneurial clients on ways in which they can arrange their tax affairs to pay the right amount of tax – and not a penny more! Here are just some of the issues we’re discussing – remember, you [...]

Read the full article →

Fun + games for the Budget 2010

March 24, 2010

Today was a busy day working alongside the Manchester Evening News to provide exclusive business tax coverage of the Budget 2010. I won’t cover the detailed proposals here now as a) you can Google Budget 2010 and get a ton of facts + figures and b) you can get my initial reactions by visiting the [...]

Read the full article →

← Previous Entries

Next Entries →