News: March 2012 VAT The VAT rates remain unchanged at... Lower rate: 0% Reduced rate: 5% Standard rate: 20% The registration and deregistration limits from 1 April 2012 are... Registration turnover: £77,000 (1
News: March 2012 Business record checks – review, suspension and relaunch The pilot programme of BRCs began in April 2011 and involved checks by HMRC on the standard of small and medium-sized enterprises'
News: March 2012 Business tax Simplification The Government wants to simplify the accounts small businesses (partnerships and sole-traders) have to prepare for tax purposes. It is consulting on whether preparing accounts on a
News: March 2012 Electrians lose their spark HMRC have just launched their Electricians' Tax Safe Plan, to encourage electricians to declare any income they have kept quiet about so far. If you know
News: March 2012 Capital taxes CGT There has been no change in the rates or thresholds for capital gains tax (CGT). The rates for 2012/13 are... Annual exemption - £10,600 Annual exemption for
News: March 2012 HR tips for small business owners Unlike large multi-national businesses, small owner-managed firms don't have the resources or need for a full time HR person (or people). However, like larger
News: March 2012 Caught by the personal allowance trap? Do you know if you are one of the 700,000+ people paying a marginal income tax rate of 60%? This is an increasingly unfair
News: March 2012 Savings and investments Enterprise Investment Schemes From 6 April 2012 there are two schemes which you can use to achieve tax relief for investing in small unquoted companies: the seed