Property Letting

If you are thinking about increasing your income by entering the world of property letting then whether it is as a one off venture or a series of lettings then it is important that you check how your income will be taxed. Many people think that the income and associated costs will be treated as…

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National Minimum Wage Increase

Don’t forget when running your payroll this month that the National Minimum Wage has increased from the 1st October 2012 the main adult rate (for workers 21 and over) will increase by 11p to £6.19 an hour the rate for 18-20 year olds will remain at £4.98 an hour the rate for 16-17 year olds…

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Autumn Statement 2012

The Autumn Statement is to be made by the Chancellor of the Exchequer, George Osborne, on Wednesday 5 December at 12.30pm. The Statement provides an update on the Goverment’s plans for the economy based on recent forecasts from the Office for Budget Responsibility. These forecasts are published aloinside the Autumn Statement on 5 December 2012….

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Tax and Cash Incentives for Business

Can you answer yes to any of the following questions? Do you manufacture in the UK; Undertake any product development or redevelopment work; Offer bespoke customer solutions; Improved internal processes such as automation of machinery, energy optimisation or efficiency improvements; Purchased new machines, integrated technologies or capabilities new to you; Ever contracted out any work…

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Changes to Advisory Fuel Rates

The fuel rates were changed for journeys on or after 1 September 2012. Now that that the fuel rates have been in force for over a month the new fuel rates should be used instead of the ones previously published. The new rates are detailed below: Petrol hybrid cars are treated as petrol cars for…

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