Category Archives: Business Tax

#Tax Myth 6 – Sole Trader Start Ups Don’t Receive Tax Incentives

Posted on 7 May 2012 by paula

You have probably heard of lots of incentives for those who invest in start up companies. This is where individuals pay money to a company in exchange for shares in that company. The tax system helps subsidise the investor’s risk … Continue reading →

  • Twitter
  • LinkedIn
  • Facebook
  • MySpace
  • StumbleUpon
  • del.icio.us
  • Digg
  • Reddit
Posted in Business Tax, Capital Allowances, Income Tax, Losses | Tagged , , | Leave a comment

#Tax Myth 5 – You have to pay national insurance to earn a state pension

Posted on 24 April 2012 by paula

Employees who earn at least £107 per week or £464 per month for a full tax year will be achieving a credit towards the 30 years they need in order to earn a basic state pension.

  • Twitter
  • LinkedIn
  • Facebook
  • MySpace
  • StumbleUpon
  • del.icio.us
  • Digg
  • Reddit
Posted in Business Tax, Income Tax, National Insurance, Remuneration | Tagged , | Comments Off

Budget 2012 – Wealth Creators 1, Wealthy Grannies 0. Simplification 2, Complication 1.

Posted on 21 March 2012 by paula

Today’s Budget certainly had a strong business emphasis to encourage and incentivise business growth. On the other hand, artificial transactions set up simply to avoid tax would not be tolerated.

  • Twitter
  • LinkedIn
  • Facebook
  • MySpace
  • StumbleUpon
  • del.icio.us
  • Digg
  • Reddit
Posted in Administration, Business Tax, Corporation Tax, Income Tax, Remuneration | Tagged , , | 1 Comment