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01/12/2010

December Tax Tips & News

Welcome to the FFT Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!
2010 Autumn Statement
The Chancellor George Osborne delivered his Autumn statement on 29 November 2010, but this was NOT a Pre Budget Report full of tax information as we had come to expect from Gordon Brown. George Osborne was primarily responding to the report from the Of Read More...
 
It's Christmas Time Mr Taxman!
It's that time of year when staff parties abound, and you may be thinking of handing out small seasonal gifts to employees, customers or suppliers. Before you get too generous, make sure you know the tax implications. Entertaining your staff is tax all Read More...
 
Business Tax Changes 2011/12
Corporation Tax The small profits rate of corporation tax will fall by 1% to 20% from 1 April 2011.This rate applies to profits of up to £300,000 if there are no associated companies. The corporation tax rate for large companies with profits over £1. Read More...
 
Personal Tax Changes 2011/12
Personal Allowances The tax-free personal tax allowances for 2011/12 have not been announced but we do know that the tax free allowance for those aged under 65 Read More...
 
Question and Answer Section
Q. My family has invested in rental properties over a number of years. Some properties are held in my name alone, others are owned jointly with my sister. The properties held with my sister have made losses in the last year. Can I set those losses against Read More...
 

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