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The tax loophole that allows goods costing less than £15 to be imported from the Channel Islands will close from 1 April 2012, the Government has announced. The aim is to allow small UK businesses to...
Treasury consults on 10% corporation tax for profits derived from patents
The Treasury is consulting on introducing a new 10% rate of corporation tax for company profits that derive from patents. This is instead of the 26% rate for other corporation tax. The aim is to incentivise...
Government confirms scrapping of broadband tax in Budget
The Government has confirmed that it will scrap the broadband tax that had been proposed by the previous Labour Government – even before it is introduced. Labour had proposed charging 50p for every...
Planning for the 50% rate of tax – buy to let investors
The last decade saw the rise of the private buy to let landlord. Many of these properties are jointly owned by spouses or civil partners. Without proper tax advice, the rental income will default to...
Cross Option Agreements – Protecting You and Your Business
It may not be a comfortable thought, but at some point a business may be confronted by the critical illness or death of one of its founders. Have you considered what might happen to your company if you...