Monthly Archives: October 2013

Sir Richard Branson leaves UK for British Virgin Islands

Sir Richard has decided to leave the UK and live in his holiday home. He wants more time to surf, kite surf, play tennis and stay limber practising pilates. He says that his decision is not dictated by tax considerations. His personal wealth is estimated to be £3.5bn which means he can spend several million pounds a year for the Continue Reading
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Talking up the prospects for growth

We have enough information about the UK’s economic woes to keep us depressed for many years to come. Every week we are told why sustainable recovery from recession and its after effects is just round the corner. The problem is the “corner” is mobile, always just out of reach. Which is why the current round of speculation about the UK Continue Reading
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Do you record business mileage?

A number of trade associations have issued warnings to their members recently. They are concerned that HMRC are making an issue of business mileage recording. Apparently, employers are failing to keep adequate records of mileage for employees who have the use of company vehicles. Self-employed business owners can also be caught out by the same issue. If you are a Continue Reading
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Top Earners Pay a Third of all Income Tax

This government has focused on tax avoidance and have often given the impression that high earners are not paying their fair share, however, an article in the Telegraph this morning quoting HMRC's own figures, seems to suggest otherwise! Top earners pay third of all income tax Figures from HMRC have revealed that in 2013-14, the best-paid 1% of workers will Continue Reading
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