GOLDWYNS | Tax, Tips and News

New Workplace Pensions Cost

Another set of regulations is set to fall on the shoulders of all employers. This time it's a compulsory pension scheme for all employees. This new pensions law is due to be introduced over four years from October 2012. The largest employers (120,000 or m Read More...

VAT Initiative Starts

Last month we warned you the Taxman was planning a campaign to encourage businesses to register for VAT. The Taxman is calling this campaign the 'VAT Initiative'. To launch the VAT initiative the Taxman is writing to about 40,000 businesses whose turnover Read More...

Companies House Reminders

You can now set up an email reminder service for your company or LLP at Companies House. Once you have registered you will receive timely emails to remind you of the due dates to submit the annual return and accounts for your business, and paper reminders Read More...

Less Tax for Students

If you are employing students over the summer months, don't forget to give them the HMRC form P38S (2011) to sign. This form allows the student to earn their full annual allowance of Read More...

August Question and Answer Section

Q. I've heard I could reduce inheritance tax by leaving money to charities in my Will. How does this work? Do I have to leave a minimum amount? A Any bequests to charities in your Will are free of inheritance tax (IHT). This means the executors of your e Read More...

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