unw Tax Tips

Read the latest unw Tax Tips.

15/05/2008 - Appointing a Company Secretary

A private company may choose whether to appoint a company secretary or not. The legal requirement f......

13/03/2008 - Company Cars and Fuel

Check your position to confirm that the company car is still a worthwile benefit. It may be better ......

03/12/2007 - Seasonal Gifts

So you want to give your employees a present to reward them for their hard work. Perhaps you were t......

24/10/2007 - Offshore tax 'amnesty' - a success?

The tax ‘amnesty’ for those who had an offshore bank account and had not previously declared it does......

18/06/2007 - Offshore Accounts

It's amazing how many people still believe that income from offshore accounts is not subject to UK t......

24/04/2007 - Giving to Charity

Tax relief against 2006/07 income is possible for charitable donations made between 6 April 2007 and......

29/01/2007 - The benefit of a van

The number of vans on UK roads is increasing, largely as a result of internet selling and a greater ......

04/12/2006 - Online Filing

In his review of HMRC online services, published in March, Lord Carter recommended that the filing d......

02/11/2006 - SERVICE RELATED BENEFITS

Employers may continue to use length of service criteria to reward staff, but the period of service ......

30/08/2006 - SELLING OUT: Make sure Business Asset Taper Relief is available

The sale of shares in an unquoted family trading company should attract business asset taper relief ......

18/07/2006 - Changes to small company tax rates

The starting rate of corporation tax of 0% and the non-corporate distribution regime were abolished ......

19/06/2006 - Accumulation & Maintenance Trusts

Lifetime transfers into accumulation and maintenance trusts or interest in possession trusts have al......

08/06/2006 - NI issues: Entitlement to a state pension

Where a spouse is employed by the family business, the earnings are often kept below the national in......

26/04/2006 - Proposed dividends - the new rules

UK companies have always been able to relate dividends declared after the year end but before the si......

01/03/2006 - VAT Cash Accounting Scheme

Subject to EC approval the turnover limit for joining the cash accounting scheme will be increased f......

10/01/2006 - National Insurance

Employees are exempt from both tax and NI where an employer provides a place in a workplace nursery.......

10/01/2006 - ISAs

The Government is committed to retaining the annual limit of £7,000 until 2010 so a couple starting ......

10/01/2006 - IHT Exemptions

£3,000 per tax year may be given by an individual without an IHT charge. An annual exemption may be......

10/01/2006 - VAT

If you are setting up a business but have not yet started making supplies, you should register so th......

16/12/2005 - Social Functions for Employees

The Revenue will not tax as a benefit a Christmas party and other annual functions provided the tota......

15/12/2005 - Taxation of the Family

Review the income split between husband and wife. Consider transferring assets to even up incomes.......

13/12/2005 - Tax and the Employee

Expense Payments: Check whether your employer has a dispensation. If not you will need to make entr......



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