Shorts accountants news

Tax Newsletter - February 2012

Andrew Grant provides the latest tax updates in the February newsletter

Changes in rates of Capital Allowances available from Spring 2012

Businesses are set to miss out on tax relief for investment in Plant and Machinery, if they do not think carefully about the timing of any Capital Asset purchases they are planning this spring. Changes are set to take place from April 2012 reducing the amount of tax relief a business can claim.

All VAT Returns to be filed online by April 2012

At the moment, only certain businesses file their VAT Returns and pay their VAT online. However, from April 2012, the paper return will become a thing of the past.

Building work commences in 2012

The New Year brings with it the start of the redevelopment of our Ashgate Road property.

Make sure you don't incur the new Tax Return penalties

This year, the Government have decided to make the penalties a lot tougher for filing your Tax Return late.

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