Archive for February, 2010

Making the most of your Annual Capital Gains Tax exemption

The end of the tax year fast approaches and if you do not utilise your Capital Gains Tax (CGT) annual exemption by 5 April 2010 then, it could, one day, cost you thousands of pounds in tax. How can you avoid this? Let us at Accountancy Services Direct take you through some options.
To sell or [...]

Nil penalty for late tax returns

It’s been a busy time here at Accountancy Services Direct, with al the tax returns we have been completing. Did you manage to get your tax return completed in time?
If you were late with your 2008/09 self-assessment tax return, you will soon be receiving a notice from HMRC charging you a £100 penalty.
But, if you [...]

Higher Rate Tax Dodges for Investors

In just two months time some of you will be facing income tax rates of up to 60%!!! Tax boffins have been inventing some pretty complex schemes to avoid these but are there some simple steps you could be taking now? In this artice Accountancy Services Direct takes you through some options.
Solution
To avoid being caught [...]