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Specialist Dental Accountants for over 28 years - Call 020 8346 0391 |
He (Mac) has helped me as my practice has expanded from single-handed to a six surgery/8 dentist practice. |
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 T55 - ●Nothing is certain but death and taxes T54 - ●Stamp Duty nets £5.5bn a year Summer 2005/Autumn 2005 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 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? 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? 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? 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.... All the technical terms explained! T1 - ●Inland Revenue announcements Important announcements in May 02 that could effect you... |
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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. We can still help you if you're not a dentist. Please click here
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