Posts Tagged ‘Enterprise Zone’
Relief as additional Enterprise zones announced
The recent Government announcement on the creation of a further eleven Enterprise Zones has been seen as welcome news for businesses, councils and investors alike. At the time of the announcement in the March 2011 Budget that eleven zones were to be created, the Chancellor invited bids for a further ten zones. In all thirty…
Read MoreA budget for Enterprise
The Chancellor, George Osborne, today set out the key aims of his 2011 Budget as reforming the economy to produce “strong, sustainable and balanced growth that is more evenly shared across the country and between industries”. In pursuit of these aims he has announced a number of measures to encourage business and enterprise. One key…
Read MoreBudget countdown for higher earners
With less than a week to go before the Budget the rumour mill is in full spate. With every passing remark being scrutinised in depth by the financial press it is sometimes difficult to differentiate between controlled leak and mere speculation. One area hitting the headlines recently has been that of Venture Capital Trusts (VCT).…
Read MoreIncome tax planning 2010/11
HMRC has issued a timely reminder to everyone filing Income Tax Self Assessment (ITSA) Tax Returns that the new penalty regime for late filing of returns starts shortly. This includes not only an initial £100 fine but daily charges of £10 for the first 90 days, followed by further charges and interest. One major change…
Read MoreA taxing time
The Japanese earthquake and tsunami has shocked everyone around the world and our thoughts are with the Japanese people as they start the task of reconstruction. As the full scale of the disaster unfolds the financial markets are still trying to assess what the eventual fall out will be. At the time of writing, whilst…
Read MoreTime is running out for year end tax planning
Time is fast running out for those looking to complete their tax planning for the 2010/2011 tax year. With only just over three weeks in which to review, plan, complete applications and transfer funds the clock is ticking for those wanting to maximise ISA allowances let alone take advantage of pension and other tax planning…
Read MoreHelping the country whilst mitigating tax
Top rate tax payers have only a short time left to take advantage of a Government backed tax mitigation scheme warns Newshams Tax Solicitors. The current scheme which gives tax relief for investments in Enterprise Zone development and which has been running since the early 1980s is due to expire at the end of the…
Read MoreAn enterprising way to mitigate tax
Rightly or wrongly the perception of many people is that the Government’s main preoccupation is to find ways of increasing tax. With the inevitable consequence of the recent recession it is true that tax allowances and rates are changing and regular studies report on how this will affect one sector of society or another. It…
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