News: March 2013 Research & development tax relief This has been around for several years, but never has the scope been greater for getting enhanced tax relief where a limited company incurs expenditure
News: March 2013 Budget 2013: VAT Rates The VAT rates remain unchanged at... Lower rate: 0% Reduced rate: 5% Standard rate: 20% The registration and deregistration limits from 1 April 2013 are... Registration
News: March 2013 Furnished holiday lets A property within this special regime enjoys capital gains tax (CGT) and income tax advantages that normally are unavailable when you let a property. It has always
News: March 2013 Budget 2013: Capital Taxes Capital Gains Tax The thresholds for capital gains tax (CGT) have increased slightly for 2013/14: Annual exemption: £10,900 (2012/13: £10,600) Annual exemption for most trustees and
News: March 2013 Budget 2013: Individuals Personal Allowances The standard personal allowance will rise to £10,000 from 6 April 2014, a year earlier than expected. The age related allowances are frozen until 2015.
News: March 2013 Budget 2013: Business Taxes Cash Basis Unincorporated businesses will be permitted to calculated profits and losses for tax purposes using the cash accounting basis, rather than the standard accruals accounting