Bottomline
Spring 2012
It's 7:58pm on Wednesday 22nd February, 2012
Using the family firm to reduce university costs
Sending your child to university will become even more expensive from September 2012 when most universities’ tuition fees will rise to £9,000 annually. While tuition fee loans are generally available, there is a shortfall for maintenance costs. Grants are not available for households with income exceeding £42,600 and loans for living costs range from between [...]
Posted by
David Bennett
in
Advice for Businesses, Advice for Family businesses, Tax
On February 21 2012
Controlled Foreign Companies full reform
On 6 December 2011, the Government published draft clauses for legislation to be included in Finance Bill 2012, and other tax updates. The draft clauses will be open to consultation until 10 February 2012. This included the issue of draft clauses for the full reform of the ‘Controlled Foreign Companies’ rules. The UK has Controlled [...]
Posted by
Tony Medcalf
in
Advice for Businesses, Tax
On February 1 2012
More expensive to strike off a company?
Changes are to be made to the tax treatment of distributions made by companies to their shareholders before being struck off / dissolved. The changes, to take effect from 1 March 2012, will probably result in more businesses having to incur the additional costs of a formal liquidation process in order to ensure the distributions [...]
Posted by
Rachel Marsdin
in
Advice for Businesses, Tax
On February 1 2012
VAT and property – Opt to tax explained
If you have an interest in property, whether freehold or leasehold, and use it for your own business purposes and do not rent it to others, it is generally unlikely that you will need to consider opting to tax the property. However, if you wish to generate additional income from the property, or dispose of [...]
Posted by
Tony Medcalf
in
Advice for Businesses, Tax
On January 26 2012
How can I claim research and development (R&D) tax relief?
Many companies may be missing out on claiming tax relief for research and development (R&D) activity. In my blog I set out below the answers to some of the most frequently asked questions about this potentially valuable tax relief. What is R&D tax relief and why does it benefit a company? R&D tax relief is [...]
Posted by
Rachel Marsdin
in
Advice for Businesses, Tax
On January 26 2012
Making mileage of your employees’ travel
Are your employees’ business travel arrangements as cost-effective and tax-effective as they might be?
Posted by
Tony Medcalf
in
Advice for Businesses, Tax
On January 24 2012
Moore and Smalley’s private client service defined (video)
Moore and Smalley’s private client partners, Graham Gordon (left) and Tony Medcalf, talk about what makes the firm’s private client service unique.
Posted by
Graham Gordon
in
Advice for Individuals, Moore and Smalley TV, Tax, Wealth management
On November 27 2011
Don’t let the tax man take advantage of your hospitality.
The hospitality industry has long been a cause of concern for the taxman but this was tackled head on in May this year with the establishment of a new HMRC task force charged with looking at the sector and scrutinizing the industry for possible tax evasion. To date enquiries have been made into over 500 [...]
Posted by
Adam Parton
in
Advice for Tourism and Leisure businesses, Tax
On November 3 2011
