24/11/2008 Tax Returns 2008/09 - filing deadline approaches
Curran & Co can assist you through the tax return filing process. We have many years experience dealing with online filing and the accompanying difficulties it can sometimes cause.
The filing dea...
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24/11/2008 PAYE Codes - Are you Paying the Correct Amount of Tax?
Have you recently received a new PAYE code?
If you need help checking the code and sorting things out with HMRC, Curran & Co will be pleased to assist you.
We can also review your codes for prev...
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03/09/2008 Stamp Duty Changes Announced
The Chancellor has announced that from 3 September he will introduce a temporary holiday from stamp duty land tax for acquisitions of residential property worth not more than £175,000.
In order th...
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03/09/2008 New Tax Return Deadline for Paper Filing is 31 October
The new deadline for filing paper self assessment tax returns is 31 October.
In previous years, both paper and online Self Assessment returns had to be filed by 31 January. But from this year, pape...
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13/08/2008 Increases to personal allowances 2008/09
The basic Personal Allowance for the 2008-09 tax year is increasing by £600 from £5,435 to £6,035 and the basic rate limit is reducing from £36,000 to £34,800. This takes effect on 7 September 2009 an...
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02/06/2008 Company cars - advisory fuel rates from 1 July 2008
HMRC has announced an increase in the advisory fuel rates for company cars and these figures apply to all journeys on or after 1 July 2008 until further notice.
The recent fuel price increases whic...
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19/05/2008 Increase in personal allowance for 2008/09
Last week the Chancellor announced an increase in the personal allowance for 2008/09 of £600 and an adjustment to the higher rate threshold (the total of the personal allowance and basic rate limit). ...
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30/04/2008 Entrepreneurs Relief
The Chancellor introduced a new Entrepreneurs’ Relief (ER) for disposals, reorganisations and relevant transactions taking place on or after 6 April 2008.
The main effects of this relief are:
th...
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21/04/2008 Online Registration for the Self Employed
Everyone starting out on their own needs to register with HM Revenue & Customs (HMRC). HMRC has now made available the option to register online.
If you do not register within the first three month...
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14/04/2008 New look tax returns
HM Revenue and Customs has redesigned the self assessment tax return for the tax year 2008/09.
The new look return now has fewer questions, simpler language and an improved layout. It's designed to...
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14/04/2008 Home working rates increased to £3 per week
From 6 April 2008, HM Revenue & Customs (HMRC) has increased the tax and NIC free guideline rate employers can pay home working employees without keeping records from £2 to £3 per week.
Employers c...
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02/04/2008 New penalties for errors on tax returns
HMRC is introducing new penalties, which aim to 'help those who try to comply, and come down hard on those who don’t.'
The new penalties will operate so:
If people take reasonable care when com...
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27/03/2008 Online Submission Of Employers Forms
The employers annual returns P35 and P14 (P60) are due for submission to HMRC by 19 May 2008. There is a tax free incentive payment due of £100 for small employers, those with less than 50 employees, ...
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27/03/2008 Update On Residence And Domicile
New tax measures on residence and domicile take effect from 6 April 2008.
The main proposal is that UK residents who are non-domiciled or not ordinarily resident, who wish to continue to be taxed o...
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17/03/2008 Income Shifting Rules Deferred
The Chancellor has announced that the proposed legislation will be reconsidered and enactment is postponed for a year.
This is good news for family businesses and their advisers
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17/03/2008 Filing Returns amd Paying Tax Online
There are important deadlines approaching for switching to online filing of tax and VAT returns and online payment of your liabilities.
The changes affect:
Self Assessment (SA)
Employers operati...
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03/03/2008 HMRC launch property income campaign
HMRC are running a pilot exercise into people they suspect of not having declared rental income.
The first wave of letters will be sent to people who complete Self-Assessment Tax Returns but have ...
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05/02/2008 PAYE Tax Codes
HMRC have advised that they are about to issue PAYE tax codes to employees for the 2008/09 tax year.
If you receive a coding notice it is worthwhile letting us have a copy for checking if you have an...
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28/01/2008 Capital Gains Tax Changes Announced
The Chancellor has announced that there will be a new 'entrepreneurs relief' from capital gains tax for gains arising on the sale of a business, which will take effect from 6 April 2008.
The first ...
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01/10/2007 Construction Industry Scheme Automatic Penalties
The Construction Industry Scheme (CIS) CIS300 return details the payments made to subcontractors and any tax deducted from those payments. The returns have to be submitted to HMRC by 19th of the month...
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07/12/2006 Tax Deductible Horse Riding
Curran & Co have successfully claimed on behalf of clients tax deductions from company profits in respect of the acquisition of a horse, transportation and all running costs. At the same time Curran a...
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11/11/2004 Income Tax Service For Overseas Landlords
MOVING ABROAD?
LETTING YOUR UK HOME?
Curran & Co can take care of all your tax planning and compliance needs at a competitive price
Below is a brief summary of the service we can provide for non-re...
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09/11/2004 Tax Quotes or Tax Advice ?
But nothing in this world is certain but death and taxes.
Benjamin Franklin
A taxpayer is someone who works for the federal government but who doesn't have to take a civil service examination.
Ro...
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