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Budget 2012 – Key Points

Income tax From April 2013, the 50p top rate of tax will be cut to 45p. Personal income tax allowance raised to £9,205 from April 2013, making 24 million people £220 a year better off. New general anti-tax avoidance rule … Continue reading

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Posted in Budget 2012, Capital Gains Tax, Pensions, Self assessment, stamp duty, Tax Credits | Tagged , , , , , , , , , | Leave a comment

Your Tax Questions Answered

Q: My kids are about to start attending a nursery whilst I am at work.  Can I claim the cost of nursery fees? A: If you are self-employed these are not a tax allowable expense, sorry, but do claim for … Continue reading

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Posted in Corporation Tax, Pensions, Self assessment, Tax Credits | Tagged , , , , , , | Leave a comment

Top 10 Tax Saving Tips

Most of us would like to pay a bit less tax. We all recognise that taxation is a necessary evil; it provides access to the infrastructure and services that we have come to expect from a modern state. However, an … Continue reading

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Posted in Business advice, Inheritance Tax, Money matters, National Insurance, Pensions, Self assessment, Tax Credits | Tagged , , , , , , , , , | Leave a comment
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