| Associated Company Changes |
| Companies controlled by the same people plus their relatives are counted as 'associated' for corporation tax purposes. The upper profits limit for the small profits rate of corporation tax is divided by the number of associated companies. A company with n Read More... |
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| Furnished Holiday Lettings Changes | Take Care with VAT | | Furnished holiday lettings have some specific tax advantages. On 9 December 2010 the Government released draft tax legislation that is expected to become law from April 2011. This draft law includes three major changes to the taxation of furnished holiday.. Read More... | The VATman expects all businesses to take reasonable care when completing their quarterly VAT returns. If you make a mistake, which results in the VAT being underpaid, the VATman is likely to charge you a penalty. Penalties can also be applied where a mis.. Read More... |
| Tax Numbers for 2011/12 | | Most of the tax rates and thresholds for 2011/12 were announced on 2 December 2010 as follows:
Personal Allowances
Under 65: £7,475
65-74: £9,940
75 and over: £10,090
Minimum marriage allowance*: £2,800
Maximum marriage allowance: £7,295
Bli.. Read More... |
| January Question and Answer Section | | | |
| About Us |
Lawrence & Co Accountants are based in Harrow, offering local business owners and individuals a wide range of services.
All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website https://lawacc.co.uk/ for more information.
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Copyright © 2025 Lawrence & Co. All rights reserved.
Unit 205, Cervantes House
5-9 Headstone Road
Harrow
HA1 1PD
Lawrence & Co is a trading name of Lawrence & Co
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