What are the various parties Taxation Policies? With an upcoming election seemingly now inevitable each party are making pledges around Taxation – we look at what these are likely to be. Conservatives The Conservatives promise Investment in an “infrastructure revolution” with money for broadband, roads, the NHS, schools and police. Corporation [...]
If you happen to read HMRC’s website (and I do more than I care to admit) you would see that one of their key responsibilities is safeguarding the flow of money to the Exchequer through collection, compliance and enforcement activities. Which is to say they collect the tax that is due. Almost all income is [...]
A few nights ago I saw a documentary about small business owners who had been defrauded by their bookkeepers. This was a blatant abuse of their positions, where individuals stole hundreds of thousands of pounds. The methods used by these fraudsters were fairly simple and once you know what you are looking for they are easy [...]
In our opinion todays budget was for, in the most part, the employed, as opposed to the self-employed or small business owner. An increase in the personal allowance and the creation of the living wage will be welcomed but the changes we have seen with increased taxed on dividends along with the removal of employment allowance [...]
This seems like an absolute no brainer to me but you may be surprised by how many people go into business with someone without first agreeing what each other’s role will be in the new business and what would they would do if the worst should happen. At first, in the early stages of the [...]
