Specialist Dental Accountants for over 28 years - Call 020 8346 0391 

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Tel: 020 8346 0391
E-mail:

mac.kotecha@virgin.net  (Mac)   anil.kotecha@virgin.net (Anil) priya.kotecha@virgin.net (Priya)

He (Mac) has helped me as my practice has expanded from single-handed to a six surgery/8 dentist practice.

To read full testimonial, click here.

TAXATION ISSUES

 

Summer 2008/Autumn2008

T68 - ●How much should you pay your spouse?

Should you pay your Spouse more than £5435 pa, even if this creates a tax and NIC liability*? (BASED ON NEW 08/09 RATES)

Winter 2007/Spring 2008

T68 - Late payers pay more

T67 - Capital Gains Tax Regime Change.

T66 - Changes to Capital Allowances

Summer 2007/Autumn 2007

T65 -  ●Civil Partnerships

Winter 2006/Spring 2007

T64 - ●Your financial Future - Inheritance Tax mitigation

T63 - ●Rental Income Warning

T62 - Indulging in a property abroad?

T61 - ●Don't forget to party!

T60 - ● Least taxed country

T59 - ● HMRC Scares

Summer 2006/Autumn 2006

T58 - ●How much should you pay your spouse?

Should you pay your Spouse more than £415 p.m, even if this creates a tax and NIC liability*? (BASED ON 2006/2007 RATES)

T57 - Budget changes to inheritance tax.

Winter 2005/Spring 2006

T56 - ●Financial Top Tips

T55 - Nothing is certain but death and taxes

T54 - ●Stamp Duty nets £5.5bn a year

T53 - ●2005 Peace Tax Return

Summer 2005/Autumn 2005

T52-  A brief History of tax

T51 - Heavy tax penalties on late tax return submission

T50 - How much should you pay your spouse?       

Should you pay your Spouse more than £400 p.m, even if this creates a tax and NIC liability*? (BASED ON 2005/2006 RATES)

Winter 2004/Spring 2005

T49 - ●Holiday Home Horrors

        Budget 2005

T48 - Could a new car triple your tax relief?

T47 - Which country has the highest tax rate?

T46 - Investing for children

T45 - Income which is exempt from tax

T44 - Larger Married Couple's allowances for couples of 65+ and 75+

T43 - Tax Efficient Charity

Summer 2004/Autumn 2004

T42 - Revenue "profiteers" on late taxes.

T41 - Taxman set to get hot on property

T40 - Christmas is on the way

T39 - Fury over letters from taxman

T38 - Revenue Clamps down on spouse tax avoidance

T37 - Tax Enquiries-No Sweat

T36 - Applications for 2004/05

By when do you have to notify the Taxman about any changes in circumstances to continue receiving tax credits? Is it safe to keep quiet?

T35- Dusting off old files

Tax offices around the country are about to dust off their old files in an attempt to collect back tax. What implications could this have for you?

T34 - From your records…

The Taxman’s latest unsolicited letter suggests that you might be paying too much tax, and to contact him without delay. What’s he up to now?

T33 - ●Another fine mess

If the Taxman sends you a late filing penalty notice when you know you were well in time, what can you do about it?

T32 - New Rules on Capital Allowances

Winter 2003/Spring 2004

T31 -Door marked "Exit"

Your leased premises are now surplus to requirements. However, there's an unexpired period to run on the lease. Will paying the landlord a lump sum to release you be tax-deductible? If not is there a way around this?

T30 - Can Dentists Incorporate?

T29 - Ash Bonus

Normally any payment you make to your employee is taxable as it is connected with their job. However, an incentive reward scheme for people to give up smoking can be made tax and NI free.

T28 - Charging by the day!

To get tax returns in on time, the Taxman’s PR machine threatened penalties of £60 a day! Last year it was a flat £100. So what’s changed?

T27 - ●A concise guide to selling the family home

T26 - ●Valentines Day Tax tips

T25 - How often do you plan to change your equipment?

Recent research suggests that dentists in the UK change their major surgery equipment, on average, every 14 years. This compares unfavourably with other countries in Europe and also Japan and USA, where the average is approximately 5 – 7 years.

T24 -  More people paying higher rate tax.

The Institute for Fiscal Studies expects over 4 million taxpayers to pay higher rate tax in five years time, which is double what it was in 1997.

T23 - Prevention is better than cure

If you have a medical complaint caused by your working environment that necessitates incurring osteopathic treatment on a regular basis, can you claim the cost as a business expense for tax purposes?

T22 - ●Your spouse owns 75% of a property and you own the remaining 25%. However did you know that when it comes to taxing the income from the property the Taxman will treat you as equal partners? Is there anything you can do about this?

T21 - ●The taxman says he’s going to pay special attention to people with complex returns. Could this mean you? If so, what can you do about it?

T20 - ●Tax allowable expenditure for Dental Associates

T19 - ●National Insurance requirements for Dental Associates

T18 - ●Giving Just a little bit more

Payroll Giving Schemes with useful links

T17 - How much should you pay your spouse?       

Should you pay your Spouse more than £400 p.m, even if this creates a tax and NIC liability*? (BASED ON 2005/2006 RATES)

T16 - ●All your tax questions answered.

From the main types of tax to pay, to how the Inland Revenue collect tax.

T15 - ●NI on spouse wages

Summer 2003/Autumn 2003

T14 - Child Tax Credit

Last April, the Chancellor announced a new Tax Credit to be introduced from April 2003 – Child Tax Credit. (C.T.C.) The Child Tax Credit replaces Children’s Tax Credit....

T13 - 100 per cent first-year allowances for cars with low CO2 emissions

A business can claim 100% first-year allowances on expenditure on a car provided that:...

T12 - ●How to Deal with Inheritance Tax

Rising property prices have recently increased the value of many people's estates to the point where 40% inheritance tax is due.....

T11 - ●Giftaid

If you are a taxpayer and use giftaid to give donations to a UK charity, the charity will be able to reclaim tax on that donation. In addition, if you are a higher rate taxpayer, you can claim personal relief on these donations. Now you can get this even earlier.....

T10 - ●Businesses face "Couples tax" threat

Thousands of businesses could face huge new tax bills because of an aggressive new interpretation of the controversial tax rule S660A.

T9 - You Can Now Invest Up To £30,000 in Premium Bonds

T8 - Capital Gains

Under the new rules, there will be fewer occasions where the capital gains tax pages of a tax return need to be completed. Individuals do not have to complete these pages for tax years 2003/4 and later where...

T7 - The Giving Campaign

Tax breaks for people who give to charity.

T6 - ●Pensions - radical new tax rules to simplify pensions.

Just before Christmas, the government published a Green Paper with several supporting documents on future pension strategy...

T5 - ●Superannuation and personal pension

All your questions answered!

T4 - ●Cleaners

Warning - you may be liable for extra Income tax.

T3 - ●Student staff

If you have students working for you during the holidays, ensure they complete and sign form....

T2 - ●Inheritance tax jargon

All the technical terms explained!

T1 - ●Inland Revenue announcements

Important announcements in May 02 that could effect you...

We take great pride in our service, and would be delighted to invite you for a free 1 hour, no obligation meeting at our comfortable offices. Simply call us  on 020 8346 0391 to arrange a mutually convenient time.

This web-site was last updated on 13/06/2008

Specialist Dental Accountants for over 27 years.

Copyright © 2003-2008 Mac Kotecha & Company. All rights Reserved. The information on this site is for general guidance only. It is essential to take professional advice on specific issues about their impact on any individual or entity. No liability can be accepted for any errors or omission or for any person acting or refraining from acting on the information provided on this site.

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