ISA deadline 2011/2012 is approaching soon, So take advantage of tax saving by utilizing the use of your ISA allowance.
2011/2012 Allowance is as follows:
Remember you can hold both Cash ISA and stock & Share ISA if you wish but the total combined allowance is £10680 (for 2011/2012)
The question you need to ask your self is, what do I look for when searching for an accountant?
Here are some points to help you:
With the above few points I trust you will always make a good decision.
Quick reminder the tax return for 2010-2011 should be submitted by 31.01.2012.
If you need help, please feel free contact us to see how we can help you meet the deadline.
The government has confirmed delaying pension auto-enrolment for firms employing 49 or fewer employees until 2015.
I know most of you will say January 2012 is far. But we are already in October so don’t leave your tax return submission until the last minute contact WKM Accountancy Services on 01158240555 and see how we can help you meet the deadline.
The new rates for NMW from 1 October 2011 are as follows:
Changes which affected FHL.
From April 2011 the ability to offset loss from FHL against other income was stopped. In future losses suffered can only be offset against income from he same FHL business.
You should register for VAT if:
The following rates represent the maximum tax free mileage allowances for employees using their own vehicles for business use. Any excess is taxable. If the employee receives less than the statutory rate, they can claim tax relief on the difference.
Tax – Rates per business mile
Type of vehicle First 10,000 miles Above 10,000
Cars and vans 45p 25p
Motorcycles 24p 24p
Cycles 20p 20p