Today we held a webinar for our clients on the latest budget.  Thank you to all who attended and we hope you found the session helpful.

For those who wish to look at the slides of this webinar please click on the link below.

Budget June 2010 webinar slides.pdf

More than a year has passed since I stated with confidence that Brown would never be elected as Prime Minister, so that's a little crumb of comfort I can take from the result of the election.  But that's about it.

We're now faced with a period of indecision as the political class sorts out some level of compromise that might enable either of the two major parties to lead some form of shackled government.  This suits no-one, ...

The rates paid by employers and employees are all going to rise by 1% from April 2011. People earning less than £20,000 will be immune. Unlike income tax, NIC discriminates between employed and self-employed with lower rates for the self-employed.

The changes are estimated to yield an additional £6.5 billion between 2011 and 2013. This dwarfs the £550 million expected to be raised by the much publicized one-off . ...

HM Revenue & Customs have announced the details of the New Disclosure Opportunity (NDO).  The NDO was foreshadowed by the Chancellor of the Exchequer in the Budget in April this year and although certain details of the scheme had become public knowledge in the last couple of months, HMRC has not formally published the details until now.

The NDO is a rerun of the Offshore Disclosure Facility (ODF) which was available in 2007.&...

At last!  VAT, that great pan-European tax, is coming of age.

If you are a VAT-registered business the principle has always been that input VAT you suffer should be recoverable, regardless of where it's incurred.  But most businesses have found the process of reclaiming VAT suffered outside the territory in which they're registered an absolute nightmare.  For a UK-registered trader to recover VAT from Italy, or Germany...