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Accountancy Services in and around London, Surrey and Hampshire:Tax | ||
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Tax is high on the priorities for most people — if you’re not careful you can pay too much, and H M Revenue & Customs is always happier to receive it than to give it back to you!ComplicationsOf course you want to save tax, and you accept that the forms and returns have to be dealt with by the deadlines to avoid interest and penalties. It’s a minefield with so many different taxes, all with their own traps, and each year’s Budget brings further complications. But there are opportunities too, especially if you plan in advance. Changes and developmentsIn the first budget of the new coalition government a number of changes were made. The CAPITAL GAINS TAX system was changed radically in recent years and rates have now been increased, making planning all the more important. And how are you affected by the changes in CORPORATION TAX and CAPITAL ALLOWANCES? And what about INHERITANCE TAX? These all need to be looked at for your individual circumstances. We can helpAt Chamberlains we have many years of experience of both personal and business taxes, and we can help you to make the best of any changes. Contact us to talk about those that affect or worry you. | |