A useful note on the UK tax changes scheduled for this year, and announced in the Chancellor’s Pre-Budget Report, has been issued by ContractStore accountants, HW Fisher & Co. Their paper not only summarises the facts but, more important, provide some ideas to help you deal with the impending changes.
The Pre Budget Report contained a mass of figures, revised tax and NI rates stretching over a three year period. Now that the dust has settled the full implications of the proposed changes are beginning to emerge.
We hope this mini briefing will help you see the wood from the trees. Many of the proposed changes are some way off and may not come into force. We will have to wait and see but prepare for some fundamental changes.
Download HW Fisher’s “Planning Ideas following the Pre-Budget Report” (PDF) – click here.
About Giles
Giles is the founder and managing director of ContractStore. It was his idea to set up a company selling documents online and he has played a major part in the company's development.
He is an English solicitor, with over thirty years' experience of drafting and negotiating commercial and construction contracts in the UK and overseas. He has long been convinced that there is a quicker and simpler approach to the delivery and supply of most contracts, and he is an active proponent of the use of plain English in legal documents. He specialises in the drafting of construction and engineering contracts and as well as contributing contracts to the ContractStore website, he is co-author of the JCT Constructing Excellence Contract publiushed in 2007 (and its predecessor, the Be Collaborative Contract, which is available online from ContractStore).
