Archive | February, 2011

Would accountants for contractors benefit from lower corporation tax?

Would accountants for contractors benefit from lower corporation tax?

The CBI believes the government needs to reduce corporation tax further than its intended level of 24% if the UK is going to remain competitive.

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The SERIOUS barriers to success when bidding for government contracts

The SERIOUS barriers to success when bidding for government contracts

Finally, HMG is starting to come good in its promise to put 25% of government procurement in front the SMEs and other small suppliers. A new search website has been launched, where you can find and bid for a whole range of smaller contracts.

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Britain’s wealthiest to lose 3% of their income

Britain’s wealthiest to lose 3% of their income

The richest 10% of the UK’s population is set to lose an average 3% of their net income due to the complex tax changes that come into force this April, according to the Institute of Fiscal Studies.

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Companies are completely confused by government regulations

Companies are completely confused by government regulations

The continual changes to employment and tax regulations are leaving companies confused, stifling the country’s competitiveness and hindering job creation.

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Contractor accountants’ clients beware!

Contractor accountants’ clients beware!

Contractor accountants should be aware that HMRC is cracking down on individuals who defraud the system by wrongfully claiming tax credits.

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EC says the UK is taking tax avoidance measures too far

EC says the UK is taking tax avoidance measures too far

The European Commission has requested that the UK amends its anti-avoidance measures.

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Intra Company Transfers – a BIG step in the right direction

Intra Company Transfers – a BIG step in the right direction

It seems there has been a major step forward in the battle to bring a little sanity to the importing of non-EU workers under the Inter Company Transfer visa rules.

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What is the dark art of Tax Planning?

What is the dark art of Tax Planning?

In August 1989 I started my training as an Accountant. Mrs. Thatcher was still the Prime Minister and everyone under the age of 21 wanted an XR3i or a 205 GTi.

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Employer-supported tax relief restrictions branded unfair

Employer-supported tax relief restrictions branded unfair

The Chartered Institute of Taxation has branded the government’s proposals to restrict the tax relief on childcare supported by employers as unfair and unnecessarily complicated.

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Are more public sector contracts on the cards for contractor accountants’ clients?

Are more public sector contracts on the cards for contractor accountants’ clients?

UK contractors will be pleased to learn that the government has committed to overhauling the process by which SMEs compete for public sector contracts.

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There needs to be more competition in the audit market place

There needs to be more competition in the audit market place

The Big Four audit firms have made it virtually impossible for smaller firms to have a fair chance, according to BDO.

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Corporate insolvency regime consultation launched

Corporate insolvency regime consultation launched

A consultation has been launched by the Insolvency Service into the Office of Fair Trading’s proposals for changes to the regime governing corporate insolvency.

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