Tax Tips & News

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01/07/2012

July Tax Tips & News

Welcome to the MacMahon Leggate Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

Tax Campaigns Update

The Taxman is determined to target tax evaders, so has been running several campaigns to target particular business sectors, such as doctors, electricians and e-traders. Read More...

Company Money in Personal Account

Here's a nice problem to have: your company holds a lot of money, but you want to leave it there for now. Perhaps you don't want to be taxed personally if you take the money out of the company. The company may also have long-term plans for the funds Read More...

VAT Opting to Tax on Buildings

Buildings are generally exempt from VAT, but there are a lot of exceptions to this. A person who holds an interest in a building Read More...

Homes Worth Over 2 million pounds!

The Government wants to clamp down on tax avoidance by people who purchase their homes through companies, or other structures like trusts or partnerships, (known as non-natural persons). Read More...

July Question and Answer Section

Q. I'm worried about the Granny tax. Is this going to affect me? I'm aged 64 with an annual income of around £16,000. Read More...

July Key Tax Dates

5 - Deadline for PAYE settlement agreement for 2011/12 Read More...

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