You may have heard in the news that Extra-Statutory Concession (ESC) C16 is changing, and under the Enactment of Extra Statutory Concessions Order 2012, the new rules will go live from 1 March 2012. Under the old rules, subject to approval from HM Revenue & Customs, distributions from a wound-up company would be treated (in [...]

  Harry Redknapp, the current Spurs Manager and favourite to succeed Fabio Capello as the next England Manager, was acquitted this week of tax evasion following a high profile court case at Southwark Crown Court in London. The case was brought as a result of payments made into a Monaco bank account, which H M [...]

  It was in June 2011 that Steve Hale attended an event at which Pickering volunteer Polly was explaining what The Pickering Cancer Drop-in Centre did and the experiences of the volunteers in supporting the charity. He explained to me later that it was an evening that he would never forget and had been moved [...]

  With the 31 January 2012 deadline for self assessment tax returns fast approaching, we felt that we should discuss two key components linked to this deadline: 1)      The submission of the self assessment tax return 2)      The payment of your tax liability   The Submission Deadline All 2010/11 self assessment tax returns (Personal, Partnership [...]

  The VAT flat rate scheme was set up by the Revenue to help reduce the burden on small businesses.    In some cases, it can be advantageous to register for VAT even if you are below the VAT threshold. The flat rate scheme is available to most businesses with an annual turnover of less than [...]

Proving that there’s life in your old computers that can really help the lives of others, the team at Perrys accountants have donated fifty PCs so far  to the charity Computers4 Africa,  see website -  www.computers4africa.org. The charity is running an ingenious “All I want for Christmas is a PC for Africa” campaign with a [...]

On 1 July the Bribery Act 2010 came into force.  With the new Act not only are the specific individuals liable for prosecution where bribes are offered, requested or received but the business organisation as well. What activities are targeted by the Act? The offering, promising or giving of a bribe (known as active bribery). [...]

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