It’s politics, stupid.
The news is full of tax talk. This is partly because a group of economists, including two former members of the Bank of England's policy committee, DeAnne Julius and Sushil Wadhwani, signed a joint...
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Latest news and views about Accountants
RSSArt Attack
It was reported in yesterday's Telegraph (7/7/11), under "Now the EU wrecks Britain's art market" that sellers of works of art by European artists who have died in the past 70 years will need to pay royalties...
Good news for owners of French second homes
It has been reported, in the Financial Times, that France has abandoned plans to introduce an annual tax on second homes owned by non-residents. Good news for Brits with homes in France. The French...
Consultation on charitable giving in wills
For deaths on or after 6 April 2012, estates that include charitable legacies of at least 10% of the net estate will benefit from a 36% inheritance tax (IHT) rate.
The key points are as follows:
The...
Capital Allowances Warning
Businesses that are planning capital expenditure in the short to medium term need to be aware of changes to capital allowances for plant and machinery acquired on or after 1 April 2012 (for companies)...
Does it do what it says on the tin? Only if the Euro MEPs say so.
At a time when the UK coalition government is looking to cut bureaucracy and reduce the level of compliance costs on UK companies, the EU comes back and says "Non" - we are the supreme legislators and...
PAYE changes….
HMRC has issued an alert to employers about key PAYE changes coming in this spring.
The changes affect Employer Annual Returns and starter and leaver PAYE forms. From April, employers with fewer than...
Amendments to information required for annual returns
The Department for Business, Innovation and Skills announced on 24 March that it plans to amend some of the information required in the annual returns filed by companies. The amendments are set out in...
Sausages!
Those of you who remember That's Life will know how the title to this blog post is supposed to be pronounced. Everyone else look here: http://www.youtube.com/watch?v=4IMOSN0WYvg (at about 1.40 but the...
Stamp duty victory for the taxpayer
What do you expect from a story about tax? Taxes are rising. Legislation is getting more complicated. Compliance more burdensome. HMRC have launched their latest crackdown (currently plumbers). ...
