Tax

Budget Day 22 June 2010

Our site has now been updated to include details of the raft of announcements made by Chancellor George Osborne in his first Budget Speech. These changes include a new rate of capital gains tax of 28% and an increase in entrepreneurs' relief from £2 million to £5 million.

Do you have a capital gain? Check our capital gains tax calculator.

22 June 2010 Emergency Budget Report

The new Government’s emergency Budget was presented to Parliament on 22 June 2010. The Chancellor focussed on spending cuts and increases in VAT and reductions in corporation tax rates.

2010/11 Tax rates & allowances

This area of our site includes all the rates announced including those on the 22 June 2010.

2010/11 Financial planning guide

With the reduced rate of economic growth and the ongoing effects of the recession, a review of your financial and tax planning is important. Maximising your net income, business and family assets should be high on everyone's agenda.

VAT

For a wealth of advice and information on aspects of VAT, including essential tips for VAT planning, and how to survive the VAT inspector's visit, visit our VAT guides. The main rate of VAT will increase to 20 per cent on 4 January 2011. In the run up to this change it is important to be aware of HM Revenue & Customs forestalling directive.

Tax increases on the horizon – act now to save tax

While the effects of the recession on cash flow and business profitability are on the minds of many the pending tax year end on 5 April 2010 provides an opportunity to ensure that your liability for the 2009/10 tax year is no greater than necessary.

PAYE and National Insurance

Why not use our payslip calculator to check your net pay?

24 March 2010 Budget Report

The announcements made by Alistair Darling on 24 March 2010 are now included on our site. With the new tax year around the corner we are now working on updating all of the guides on our site. We expect this work to be complete by the start of the new tax year.

2009 Pre-Budget Report

The Chancellor, Alistair Darling presents his Pre Budget Report in December . While this is intended to herald forthcoming Budget announcements the occasion has previously been used to introduce key changes.

22 April 2009 Budget Report

This Report, which was written immediately after Alistair Darling's Budget, is intended to provide an overview of the announcements most likely to affect you or your business.

Welcome to the IR35 centre

The term IR35 relates to legislation intended to apply a PAYE and NIC charge on earnings from a company or partnership which is termed an "intermediary" by the rules.

Tax and business calendar

Details of compliance and regulatory deadlines.