Steve Kerby's Blog - Income Tax

Friday, January 02, 2009

Bricklayers -Self Employed or Eployed?

At times it is extremely difficult to determine whether someone is employed or self employed.

Corporation Tax | Income Tax

posted on Friday, January 02, 2009 1:20:07 PM (GMT Standard Time, UTC+00:00)

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Tuesday, December 02, 2008

HMRC have published new advisory fuel rates

HMRC have published new advisory fuel rates effective from 1 January 2009 These figures give about one month's notice of the changes and apply to all journeys on or after 1 January 2009 until further notice.HMRC propose to update these twice a year.It is up to the taxpayer to decide whether to use these rates or whether to keep sufficient information to be able to justify other figures.

HMRC | Income Tax

posted on Tuesday, December 02, 2008 9:21:58 AM (GMT Standard Time, UTC+00:00)

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Friday, November 14, 2008

HMRC Concesstions-Subsistence

HMRC are consulting on a number of extra statutory concessions.

Corporation Tax | HMRC | Income Tax

posted on Friday, November 14, 2008 1:51:55 PM (GMT Standard Time, UTC+00:00)

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Monday, November 10, 2008

Closure Notices and appeals to Commissioners

The Tower MCashback LLP case

Corporation Tax | Income Tax

posted on Monday, November 10, 2008 1:54:53 PM (GMT Standard Time, UTC+00:00)

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Friday, November 07, 2008

Motor Dealerships-calculation of average benefits

I note that a reputable firm of accountants is circulating a notice about the withdrawal of the local HMRC agreements with motor dealerships

Income Tax

posted on Friday, November 07, 2008 11:15:30 AM (GMT Standard Time, UTC+00:00)

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Friday, September 26, 2008

Capital Contribution

It seems to be a regular occurance that electricity substations

posted on Friday, September 26, 2008 4:35:13 PM (GMT Daylight Time, UTC+01:00)

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Monday, September 08, 2008

Notices of Coding

A friend of mine over the weekend mentioned how much income tax he was paying

Income Tax

posted on Monday, September 08, 2008 3:17:05 PM (GMT Daylight Time, UTC+01:00)

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Monday, September 01, 2008

Pension Property

A company has decided to buy some new premises

Corporation Tax | Income Tax | Pensions

posted on Monday, September 01, 2008 6:43:56 AM (GMT Daylight Time, UTC+01:00)

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Friday, August 22, 2008

HMRC Enquiry

I have a case of a full enquiry into a taxpayers affairs where the officer concerned refused to listen

Income Tax

posted on Friday, August 22, 2008 4:40:53 PM (GMT Daylight Time, UTC+01:00)

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Wednesday, July 23, 2008

Liquidation of Company

A company has just sold a development property realising a substantial profit

Capital Gains Tax | Income Tax

posted on Wednesday, July 23, 2008 1:37:41 PM (GMT Daylight Time, UTC+01:00)

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Thursday, June 12, 2008

Chargeable Events

This week I have come across an individual who had partially surrendered a life assurance policy

Income Tax

posted on Thursday, June 12, 2008 1:00:01 PM (GMT Daylight Time, UTC+01:00)

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Friday, May 23, 2008

Giftaid

With the reduction in the basic rate of income tax from 22% to 20% , charities would be losing out on the amount that they can reclaim from HMRC

Income Tax

posted on Friday, May 23, 2008 12:22:35 PM (GMT Daylight Time, UTC+01:00)

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Friday, May 02, 2008

Mileage Rates

HMRC allow certain payments to emplyees who use their own vehicles for business travel.The rates allowable are 40p per mile for the first 10,000 miles in a tax year and thereafter 25p per mile.

Income Tax

posted on Friday, May 02, 2008 4:32:35 PM (GMT Daylight Time, UTC+01:00)

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Wednesday, December 12, 2007

Income Shifting Draft Legislation Issued

Following HMRCs defeat in the renowned Arctic case, HMRC have introduced draft legislation to prevent income shifting.There is a 12 week consultation period but it is not anticipated that any thing will change

Income Tax

posted on Wednesday, December 12, 2007 10:02:25 AM (GMT Standard Time, UTC+00:00)

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About Steve

Steve Kerby has an impressive broad spectrum of expertise. He started his career with a small firm, learning the rudimentarys of bookkeeping, and now finds himself on the alumni of Price Waterhouse Coopers, the largest firm of accountants in the world, where he developed his auditing skills. The technical and ever changing minefield of taxation issues is now a large focus for Steve, making him an invaluable member of the Corporate Finance Team.

Disclaimer
The opinions expressed herein are my own personal opinions and do not represent Nicholsons view in anyway. The contents of this blog are for general information only. It should not be relied on, and any action which could affect your business should not be taken without appropriate professional advice. Please contact Steve Kerby or your usual contact at Nicholsons for more information.