by ClearwaysAccountants | Jul 11, 2012 | Pay, Expenses & Benefits, Personal tax, Tax Tips
Few measures in the Budget 2012 caused such controversy as the high income child benefit charge (“HICBC”). Unusually there was no consultation on the legislation and as a result the draft legislation will be difficult to administer. The rules: A person...
by ClearwaysAccountants | Mar 13, 2012 | Personal tax, Tax Tips
Year-end tax planning is important especially if you run your own business or you are a top rate tax payer. Here are our simple year-end tax planning tips for personal tax. Year-end tax planning tip 1 : Personal tax allowance The personal allowance for the 2011-12 tax...