The Chancellor George Osborne has now delivered his 2013 Budget speech to the House of Commons.
He said it was a Budget that recognised that Britain was an "aspiration nation" and was for those who aspire to "own their own home, get their first job, and start their own business."
In these financially testing times it is good to know that there is support available to new and established businesses alike in the form of government grants, publicly-backed finance and loans in addition to business support via mentoring and consultancy.
As the self assessment season comes to a largely successful end, the question of expense claims for an employee’s travel to a temporary workplace was raised in respect of one of the later returns! With more and more individuals and employees having to travel between places of work, it is important that the detail is understood.
The Autumn Statement saw the coalition government make a series of ‘u-turns’ when it came to tax policies. The biggest reversal, being, the decision to increase the Annual Investment Allowance (AIA) after previously reducing it from £100,000 to £25,000, which came into effect during April this year.
The Christmas Party Season is nearly upon us… but if in recent years your Party has been hampered by inclement weather or staff epidemics, or if you’re fed up with paying party season prices for chucking-out-time service, you might like to bear in mind the following:-
It is aimed at smaller businesses to give online access to your Self-Assessment tax record. You will also be able to see a summary of your tax position on a single screen for PAYE and/or VAT account information. An online Corporation Tax service is also available.