The starting rate and basic rate thresholds for income tax purposes will rise to £2,230 and £34,600 respectively for 2007/08.The Income Tax (Indexation) ... Continue Reading
The capital gains tax annual exemption limit will rise to £9,200 from 6 April 2007.The Capital Gains Tax (Annual Exempt Amount) Order 2007 (SI 2007/942) raises ... Continue Reading
The threshold above which businesses must register for VAT is to rise to £64,000 from 1 April 2007.The Value Added Tax (Increase of Registration Limits) Order ... Continue Reading
The Tax Faculty of the Institute of Chartered Accountants in England and Wales (ICAEW) has expressed concerns about the underlying principles of Planning Gain Supplement ... Continue Reading
The Forum of Private Business (FPB) has published its wish list for the Chancellor ahead of his Budget speech tomorrow (21 March).The FPB, which represents 25,000 ... Continue Reading
In advance of the tomorrow's (21st March) Budget, the Government has confirmed that the much talked about VAT "reverse charge" anti-MITC fraud measure ... Continue Reading
A quick guide to recent additions to the HM Revenue & Customs website.Week ending 16 MarchWhat's new?How to Pay - Further information about SA Payments;Pensions ... Continue Reading
Regulations have been laid before Parliament, which provide that hot water system insulation, draught proofing, solid wall insulation and floor insulation may be ... Continue Reading
According to a recent survey carried out by Grant Thornton, people in the UK reject the prospect of new green taxes if the overall tax burden should increase. The ... Continue Reading
The costs of the new construction industry scheme (CIS), which is due to come into force from 6 April 2007, have been vastly underestimated according to the Institute ... Continue Reading
