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Conducting business in North Norfolk

‘thunder is impressive; but it is lightning that does the work.’ Mark Twain

North Norfolk 1978

The lightning bolt struck the highest point of the 128 year old structure, passing down through the sail; 30,000 amperes of current travelled along the windshaft in milliseconds, following an unintended path to ground, burning a hole through a brass water pipe before dissipating in the salty coastal earth at Weybourne. 260 more words

Accountant North Norfolk

Office for Tax Simplification

Legislation will be included in Finance Bill 2016 to put the Office for Tax Simplification (OTS) on a statutory basis and it will become a permanent office of HM Treasury. 226 more words

Tax

VAT on Services Used and Enjoyed in the UK

The VAT “use and enjoyment” provisions will apply so that from next year, all UK repairs made under UK insurance contracts are subject to UK VAT. 72 more words

Reduction in Corporation Tax Rate

The main rate of corporation tax has already been cut from 28% in 2010 to its current rate of 20%. The Chancellor has announced that the main rate will now be cut further from 20% to 19% in 2017, and then to 18% in 2020, benefiting over a million businesses. 241 more words

Tax-Advantaged Venture Capital Schemes Amendments

Amendments are to be made to the existing Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) rules. Broadly, the changes are as follows:

– The first measure specifies the age of a company that is eligible for investment under EIS and VCT. 613 more words

Non-Domiciled Individuals

Whilst the Chancellor stopped short of Labour’s proposals to completely abolish non-dom status, he said that ‘it is not fair that people live in this country for very long periods of their lives, benefit from our public services, and yet operate under different tax rules from everyone else.’ 475 more words

Tax