Quick Tax Tips and Hot off the Press

HOP – Car Fuel Rates fell on 1st February 2007

The mileage rates used to cover fuel expenses of employees using a company car on business journeys fell with effect from 1st February 2007, although employers experiencing practical difficulties could make the change on 1st March.

HOP – You may save tax on plant integral in your building

The rules regarding capital allowances has become a complex area and interpretation of the legislation has changed a number of times. Therefore many claims on buildings are now possible that simply were not in the past. We can now offer reviews of business property that could literally save thousands in tax. So if you have a commercial property, and would like to save tax then please contact us. The budget includes proposals to reduce the impact of the tax savings from 2008 and so action should be taken now. 

We can help

Despite statements about simplifying the UK tax system, the truth is that it gets increasingly complex each year. But we can help.

We can guide you through the complexities of the legislation and help you to pay much less tax.

So if you would like to discuss ways in which we can help you to make tax savings, or if you would like to discuss any of the issues identified in this edition of ‘Pay Less Tax’ please do not hesitate to contact us.