Tax

Note to PRIME users: Since tax and accounting issues are involved we have enlisted the help of PracticeWeb, whose expert writers provide the content for the web sites of many professional accounting firms. All views and opinions expressed are those of PracticeWeb, and don't necessarily reflect those of the charity PRIME or its staff.

Tax rates and allowances are constantly changing, which is why it is important to make sure you are up to date. These guides are designed to provide the latest information but please contact us for guidance and advice.

Topical information

2012 Budget

The Chancellor has announced that this year's Budget will take place on 21st March 2012. We will be covering the announcements live on the day, and will provide a full summary of the measures and how they could affect you shortly after the day. Please keep an eye on the Budget area of our website for more information.

Finance Bill 2012

The draft clauses of the Finance Bill 2012 were announced shortly after the Autumn Statement. Read our summary here.

Autumn Statement 2011

The Autumn Statement 2011 included a series of announcements designed to strengthen the flagging economy. We provide you with a concise summary of the measures revealed. Read our Autumn Statement report »

All views and opinions expressed on this page are those of PracticeWeb, and don't necessarily reflect those of the charity PRIME or its staff.

 

Year end tax planning

In this guide we consider some of the ways you might act now to help achieve a more secure future for you, your family and your business.

Regulation changes from April 2011

Each year, the government introduces regulatory changes affecting businesses on two common commencement dates. These dates are 6 April and 1 October.

2011/12 Financial planning guide

An extensive review of personal and business planning and tax saving opportunities for 2011/12.

Tax rates and allowances

This area of our site includes all the rates announced for the tax year 2011/12

VAT

For a wealth of advice and information on aspects of VAT, including essential tips for VAT planning, and how to survive the VAT inspector's visit, visit our VAT guides.

PAYE and NI

Why not use our payslip calculator to check your net pay?

Welcome to the IR35 centre

The term IR35 relates to legislation intended to apply a PAYE and NIC charge on earnings from a company or partnership which is termed an "intermediary" by the rules.

Tax and business calendar

Looking to reduce your tax liability, Visit this year's Financial planning guide.

Autumn Statement 2011

Our concise report to the announcements made in the Autumn Statement 2011.

Budget 2012

Budget 2012 will take place on 21st March 2012. We will keep you up to date with all the latest news and announcements.

Budget archive

Historical information relating to previous Budgets reports.

Finance Bill 2012

The Government has released the draft legislation for consultation ahead of the Finance Bill 2012 as planned.

The Finance Bill 2011

The coalition government has taken the new and welcome step of publishing draft clauses for next year’s Finance Act.

2011 PAYE update

From 2011, many significant changes will be made to the operation of the PAYE system. There are also changes from 2012 that you should be considering now.