Budget 2011 implications
Changes to HMRC’s “extra statutory concessions (ESCs)”, which set out circumstances where they will not collect tax which is legally due when a company comes to an end.
The Government has announced plans to consult on reforms to integrate the operation of income tax and national insurance contributions (NICs).
Capital gains tax for entrepreneurs to shrink as a result of changes announced in today's Budget.
The gulf in tax rates between trading, as a sole trader or partnerships and trading through a company has widened with the bigger than expected reduction in corporation tax announced in the Budget.
Companies can no longer afford to ignore making Research and Development (R&D) tax credits claims