Bytestart: Tax & Accounting Small business tax issues and tax tables for start up and existing companies in the UK. Includes the latest tax allowances and information on self-assessment, IR35,section 660, national insurance. Tax & Accounting en info@bytestart.co.uk <a href="http://www.globalmoxie.com/">Big Medium Web Content Manager v1.3.7a</a> http://blogs.law.harvard.edu/tech/rss http://www.bytestart.co.uk/content/taxlegal/index.shtml http://www.bytestart.co.uk/content/logo.gif Bytestart: Tax & Accounting http://www.bytestart.co.uk/content/taxlegal/index.shtml Wed, 17 Aug 2010 10:24:00 GMT An overview of salary sacrifice arrangements We look at how salary sacrifice arrangements work in practice, and how they may be of benefit to higher earners who face an income tax hike following the introduction of the additional tax rate band, and the gradual loss of personal allowance once a taxpayer hits £100k. Wed, 17 Aug 2010 10:24:00 GMT http://www.bytestart.co.uk/content/taxlegal/9_7/salary-sacrifice-arrangements.shtml http://www.bytestart.co.uk/content/taxlegal/9_7/salary-sacrifice-arrangements.shtml Annual Investment Allowance limit reduction from April 2012 - what should businesses do? George Osborne's Emergency Budget gave notice that the Annual Investment Allowance (AIA) annual limit is to be significantly reduced from April 2012. What should businesses do to plan in advance? Fri, 12 Aug 2010 00:30:00 GMT http://www.bytestart.co.uk/content/taxlegal/9_6/AIA-reduction-2012.shtml http://www.bytestart.co.uk/content/taxlegal/9_6/AIA-reduction-2012.shtml How are limited company dividends taxed? If you are a limited company shareholder, you may have to pay personal tax on any dividend income you receive. This article outlines how company dividends are taxed. Tue, 02 Aug 2010 12:50:00 GMT http://www.bytestart.co.uk/content/taxlegal/9_7/company-dividend-tax.shtml http://www.bytestart.co.uk/content/taxlegal/9_7/company-dividend-tax.shtml Overcome the January 2011 VAT hike by planning in advance Here are some tops tips on how small business owners can get the most out of the VAT rate change in January 2011, if they plan in advance. Wed, 27 Jul 2010 22:49:00 GMT http://www.bytestart.co.uk/content/taxlegal/9_17/vat-change-plan-2011.shtml http://www.bytestart.co.uk/content/taxlegal/9_17/vat-change-plan-2011.shtml Office of Tax Simplification - accountants ask for consistency The new Office of Tax Simplification was launched by the Coalition Government last week. A leading accountancy body has urged the OTS to 'think small first' and to try to make the tax system more consistent. A leading accountancy firm has also said that 'simplification' should not be used as an excuse to scrap tax breaks. Wed, 27 Jul 2010 11:16:00 GMT http://www.bytestart.co.uk/content/taxlegal/9_20/office-tax-simplification.shtml http://www.bytestart.co.uk/content/taxlegal/9_20/office-tax-simplification.shtml VAT rate change to 20% - how "artificial" transactions are treated VAT expert, and Bytestart contributor, Les Howard, outlines the anti-forestalling legislation which will apply when the standard rate of VAT rises from 17.5% to 20% in January 2011. Thu, 21 Jul 2010 22:57:00 GMT http://www.bytestart.co.uk/content/taxlegal/9_17/vat-rate-change-notes.shtml http://www.bytestart.co.uk/content/taxlegal/9_17/vat-rate-change-notes.shtml Tax on "white van man" up by 400% in just two years Drivers of company vans are paying four times as much tax as they were two years ago, according to statistics revealed by a leading accountancy firm. Sat, 16 Jul 2010 12:38:00 GMT http://www.bytestart.co.uk/content/taxlegal/9_20/white-van-man-tax.shtml http://www.bytestart.co.uk/content/taxlegal/9_20/white-van-man-tax.shtml What is entrepreneurs' relief? If you sell all or part of your business, you may be able to claim relief on the capital gains tax liable on the proceeds, providing an effective 10% CGT rate on qualifying amounts up to a lifetime 'allowance' of £5m. Tue, 19 Jul 2010 09:34:00 GMT http://www.bytestart.co.uk/content/taxlegal/9_7/what-is-entrepreneurs-relief.shtml http://www.bytestart.co.uk/content/taxlegal/9_7/what-is-entrepreneurs-relief.shtml