We have now updated our 2010/2011 Tax Calculator to include the latest tax rates and allowances figures as published on the HMRC website. Our estimates were quite off as there were not any changes to the personal allowances, higher rate threshold, national insurance thresholds and earning limits. However, the main changes in the form of [...]
Wednesday, December 9, 2009
Alistair Darling revealed his Pre-Budget Report at 12:30 PM today. VAT will be going back to 17.5% from January 1st as expected. Small companies benefit from a deferment in the increase of corporation tax. He’s added a 10% corporation tax for income from patents in the UK and wants to charge banks 50% on any [...]
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Thursday, December 10, 2009
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