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NIC Update - NIC Holiday Edition

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National Insurance contributions
Written by Peter Arrowsmith FCA   
Sunday, 29 August 2010 00:00

Peter Arrowsmith FCA comments on the NIC Holiday Scheme announced in the Budget on 22 June 2010.

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Property Development - is it a Taxable Trade?

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Property Taxes
Written by Tax Insider   
Saturday, 28 August 2010 00:00

Are you a property investor or a developer? It can sometimes be a fine line that distinguishes the two but getting it wrong has important tax implications! Sarah Bradford explains, in her article for Tax Insider Lite.

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Offshore Penalties

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General
Written by Mark McLaughlin CTA (Fellow) ATT TEP   
Saturday, 28 August 2010 00:00

Mark McLaughlin outlines the Finance Act 2010 provisions which provide for potential penalties of 200% 

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Making the Most of Income Tax and Discretionary Trusts

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National Insurance contributions
Written by Malcolm Finney   
Saturday, 28 August 2010 00:00

The taxation of trusts is complex. However, Malcolm Finney points out that trusts do offer an attractive vehicle which can be used for family tax planning purposes.

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Tax on children’s savings from age 16

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Income Tax
Written by Low Incomes Tax Reform Group   
Wednesday, 25 August 2010 12:20

From the 6 April after they turn 16, children have to re-register R85s otherwise (often without any warning from the bank or building society) their savings will start being taxed.

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