Published: Fri, 01/08/2008 23:41
Typically many small businesses are structured so that maximum use is made of tax breaks available to couples; often this involves a sharing of income to prevent tax being paid at higher rates. BUT in the Inland Revenue have their way, all this may be about to change!
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Published: Fri, 01/08/2008 23:36
It is the ambition of many people to run their own business. Some may have been made redundant and find themselves with free time and financial resources. Others make the decision to start up in business to be more independent and obtain the full financial reward for their efforts.
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Published: Fri, 01/08/2008 23:26
UK small businesses believe that the current credit crunch and time management are two of the major challenges facing them today.
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Published: Fri, 01/08/2008 23:22
Having made the decision to be your own boss, it is important to decide the best legal and taxation structure for your enterprise. The most suitable structure for you will depend on your personal situation and your future plans. The decision you make will have repercussions on the way you are taxed, your exposure to creditors and other matters.
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Published: Fri, 01/08/2008 23:14
In his 2007 Budget Speech, Gordon Brown outlined a reform of corporation tax, combining changes in tax rates with changes to capital allowances.
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