Taxation News
The recently enhanced Tax Team at Monahans, with their wide ranging knowledge and experience, can proactively advise you in an even wider range of ways than ever before. Here we keep you abreast of news and changes in the world of tax. Visit this section of our web site on a regular basis to discover ways to minimise your tax bill.
Alternatively use the "Contact Us" box on the right to receive copies of our regular Tax Newsletter by email.
15/12/2009 : Share options – A way to preserve cash and incentivise staff?
As companies are looking to incentivise staff in ways that mean companies are able to preserve cash, now may be the time to reconsider share option schemes.
5/10/2009 : New Offshore Disclosure Opportunity
In its search for additional revenue, HM Revenue & Customs (HMRC) are again allowing individuals with offshore accounts and assets not previously declared to HMRC to be declared.
5/10/2009 : Qualifying Low Emission Cars, or QUALECS – An Opportunity?
Recent changes in the way that company cars are taxed have provided an opportunity for employers to supply company cars to employees at relatively low cost.
5/10/2009 : Changes to Company Car Taxation
The tax regime has recently changed for company cars with carbon dioxide emissions in excess of 160g/km.
5/10/2009 : Increase in income tax rates and loss of personal allowance
From 6 April 2010, taxable income over £150,000 will be subject to income tax at a rate of 50%.
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Government seeks industry-led solutions for business finance
The Government has launched a Green Paper on access to business finance, which seeks opinions from businesses on the different ways of accessing funding in order to allow them to invest and create new employment opportunities....
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