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01/06/2013

June Tax Tips & News

Welcome to the GOLDWYNS 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!
Inheritance Tax Loan Change
A change in the way loans are treated for inheritance tax (IHT) purposes could increase the taxable value of your estate on death, and the amount of IHT payable. Read More...

No RTI Reports Made?
Employers were told that they had to use real time information (RTI) to report PAYE deductions from the first pay day on or after 6 April 2013. But what if there has been no pay day since 6 April, because no one has been paid? In that case RTI Read More...

RTI Growing Pains
The Taxman is also causing RTI pains for employers and employees by issuing duff data. Read More...

Letting Business Tax Reliefs
The tax treatment of businesses which involve the letting of property is not consistent across all taxes and tax reliefs. It's not logical, but just because the letting business qualifies for one tax relief it will not necessarily qualify for an apparentl Read More...

June Question and Answer Section
Q. I have decided to become VAT registered to take advantage of the small business flat rate scheme. Can I claim the VAT back on the van I bought two years ago, which I still use for my business? Read More...

June Key Tax Dates
19/22 - PAYE/NIC and CIS deductions due for month to 5/6/2013 Read More...

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