Setting Up A Holding Company In The UK – Ultimate Guide
To set up a holding company, you must form at least two separate legal entities for the holding company and …
Tag: Taxes
It’s time for businesses to collect billions in VAT lying unclaimed
By Staff writer
A complex and time-consuming European rebate system means that more than a fifth of businesses are currently losing out on vast amounts of money in unclaimed VAT, explains Brendon Silver, CEO at leading cross-border VAT recovery firm, VAT IT.
Scrap Apprenticeship Levy for a plan that puts employers in the driving seat
When it comes to learning, there’s a nice little pearl of wisdom I often use when talking about apprentices. It goes: “Tell someone three times and they might remember, show them once and they won’t forget?.
Spring Budget 2017: Reduction in tax free dividend
Today in his Spring Budget the chancellor Phillip Hammond announced a reduction in the tax free dividend allowance from £5,000 to £2,000.
Autumn Statement 2016: National Living Wage increase puts pressure on small firms
The National Living Wage will increase from ?7.20 to ?7.50 from April next year, representing a pay rise of around £500 to a full-time worker.
Tax avoidance does everybody do it
The distinction between tax avoidance and tax evasion used to be clear, but the shifting sands of public opinion have changed that. Does everyone take part in tax avoidance
Non-doms to feel the squeeze as government takes more action
By Gary Heynes
Proposed new rules for non-domiciled people could lead to the “non-dom” status only being interesting to the ultra-wealthy. Is it time to say goodbye to the rich
Be warned: Tax payment deadline might be earlier than you think
By Mike Down
HMRC has been active again this year in reminding people that the 31st January self-assessment tax return submission deadline is fast approaching. But it could be even sooner than you realise.
Beware: Post-election tax rises inevitable if oil prices stay low
By George Bull
The fall in global oil prices is leaving the Government with very few options for increasing the tax yield. If oil prices stay low for another four months, there will be huge pressure on the Treasury to increase taxes soon after the election whichever party or coalition takes power.