Chartered Accountants & Tax Advisers in Weybridge, Surrey
June 2008
It has been reported in the Daily Express that tax inspectors are searching social networking sites for potential tax evaders, who may be ‘advertising’ their wealth or assets which may lead HMRC to believe they have ‘hidden’ remuneration. Taxpayers are … Continue reading
June 2008
We live in quite amazing times in the world of tax. Over a year ago, in Gordon Brown’s last Budget speech as Chancellor, the so-called ‘abolition’ of the 10% starting rate was announced. The government’s reason for this was, and … Continue reading
June 2008
While it will come as no surprise that the UK’s business community is still feeling the squeeze of the credit crunch, new research from Bibby Financial Services has found that small businesses are keeping Britain’s entrepreneurial spirit alive by driving … Continue reading
June 2008
Surrey accountants TWP Accounting LLP have highlighted new Spanish government proposals with financial implications for British ex-pats. The government led by Prime Minister Jose Luis Rodriguez Zapatero, which was re-elected in March, is to introduce an €18 billion plan to … Continue reading
June 2008
Surrey accountants TWP Accounting LLP have launched its first podcasts to highlight key financial issues for private and business clients. The podcasts, available via the TWP website at www.twpaccounting.co.uk, include an introduction to the wide-ranging accountancy, business consultancy and financial … Continue reading
May 2008
M&S have won a landmark victory in the European Court of Justice. The case concerned whether or not HMRC were correct to limit the amount of VAT they repaid to the company after their chocolate teacakes were reclassified as a … Continue reading
May 2008
Since the start of the tax year the basic rate of income tax has been reduced from 22% to 20% and the starting rate of 10% abolished for income except for savings and dividend income. The government has faced opposition … Continue reading
May 2008
After business leaders voiced their objections to the abolition of taper relief, the Chancellor introduced a new Entrepreneurs’ Relief (ER). ER may be available for disposals, reorganisations and relevant transactions taking place on or after 6 April 2008. The main … Continue reading
May 2008
The Information and Consultation of Employees Regulations 2004 have been extended to cover undertakings with 50 or more employees from 6 April 2008. Under the Regulations, employees have the right to be: informed about the company’s economic situation; informed and … Continue reading
May 2008
With school and college students preparing to start the summer term and sit final examinations, the CBI has published the results of a new annual audit of the nation’s skills. The ‘CBI/Edexcel Education & Skills Survey 2008′ of 735 firms, … Continue reading