Know the Business in depth
It sounds logical, but it can be surprising how often this is either overlooked or done superficially. Very early in my career I had to prepare the CT computation for a film processor. At this time, with 52% corporation tax, 100% first year capital allowances were available on qualifying plant and machinery. (more…)
Posts Tagged ‘UK Corporation Tax’
This Much I know, Lessons learned from experience
Thursday, August 5th, 2010Are you prepared for a tax investigation?
Friday, July 23rd, 2010With deficit reduction at the top of the Government’s list of priorities, it would surprise no one to see an increase HMRC investigations in the coming months.
This is potentially bad news for smaller businesses that are unlikely to have finance departments that can deal with a full-scale investigation. When the taxman visits a smaller business it can tie up a lot of senior managers’ time and divert precious resources away from the important task of growing the business. It can also be very costly. (more…)
UK Tax increases and decreases ahead
Tuesday, July 20th, 2010The Emergency Budget on 22 June 2010 delivered a raft of changes designed to align government spending with income over the lifetime of the current Parliament. The announcement received mass coverage regarding the changes to corporation tax, capital gains tax and the increase in the standard rate of VAT on 4 January 2011. (more…)
Interop Las Vegas – A Success Story
Wednesday, April 21st, 2010Interop Las Vegas attendees and exhibitors are all in business to succeed. Incorporations looking to extend reach through opening a sales office in the UK or establishing a marketing presence. Considerable time and effort is made by International Accountants, firms such as www.KevinBeare.com find Interop invaluable to discover which exhibitors do not have a presence in the UK and the foundations are laid ready if that requirement ever arises. (more…)
Raising finance for your business
Friday, February 19th, 2010Raising finance for businesses following the credit crunch and the recession is challenging to say the least. If you are thinking of expanding your business, or starting a new one, you will need to raise finance. This requires careful planning and good professional advice. It is generally wise to seek financing from a number of finance sources. This will give you greater prospects of funding and flexibility in the long term. (more…)
