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Dividends

New tax on Dividends in the Summer Budget my prompt you to rethink your incorporation status?

29/06/202309/07/2015

New tax on Dividends in the Summer Budget my prompt you to rethink your incorporation status? Text below from the Governments Red Book on the Summer Budget July 2015: The current system of tax credits …

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Categories Latest News, Personal Tax Compliance, Taxation

Government plans to combine PAYE and NIC into one tax

29/06/202330/08/2014

There are reports that the conservatives are thinking of combining the current two payroll tax systems into one unified system as a policy for the next General Election. This would allow all taxpayers to see …

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Categories Latest News, Personal Tax Compliance, Taxation

How much is a Tunnock’s/Lees Snowball worth? Answer – £2.8M!!

29/06/202330/06/2014

The Lanarkshire firms, Tunnock’s and Lees who make confectionery, biscuits and cakes have just won a near 20 year battle with HMRC over the legal definition of a Snowball.  HMRC classed the Snowball as confectionery …

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Categories Latest News, Taxation
real-time-information

A staggered start to the introduction of Real-Time Information penalties by HMRC – So don’t get caught out!

29/06/202319/06/2014

YOU HAVE HAD PLENTY OF WARNING, DON’T GET CAUGHT OUT Below is an extract from the GOV.UK site on the staggered introduction of Real Time Information (RTI) penalties which should allow businesses to be fully compliant, but …

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Categories Business Advisory, Latest News

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Recent Posts

  • New tax on Dividends in the Summer Budget my prompt you to rethink your incorporation status?
  • Government plans to combine PAYE and NIC into one tax
  • HMRC Criticised Over Debt Recovery Plans & Not Answering Telephone calls
  • How much is a Tunnock’s/Lees Snowball worth? Answer – £2.8M!!
  • A staggered start to the introduction of Real-Time Information penalties by HMRC – So don’t get caught out!

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    Latest News

    • New tax on Dividends in the Summer Budget my prompt you to rethink your incorporation status? 09/07/2015
    • Government plans to combine PAYE and NIC into one tax 30/08/2014

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