his change will leave companies exposed to further costs increases. Organisations most likely to be affected by the VAT reclassification are those that are not VAT registered, charities and companies working in the financial services – two of the biggest users of advertising mail.
The tax treatment of worldwide endorsement income for non-resident sports people will be revised to take training days into account when calculating the proportion liable to UK income tax.
The full Budget document, published after Chancellor George Osborne’s speech to parliament, says: "The government will legislate to amend community amateur sports club (CASC) legislation to ensure it operates as originally intended."
It seems that the key phrase ‘Big Society’ was overlooked in the years Budget speech. Charities are already struggling in the current economic climate, this years budget does not seem to help.
Plummer Parsons has been made aware of another attempt to obtain your personal details. The scammers are trying their hardest to appear believable and encourage you to part with your personal information but PLEASE DO NOT GIVE OUT ANY INFORMATION.
Taskforces come as a result of the Government’s £917m spending review investment to tackle tax evasion, avoidance and fraud from 2011/12, which aims to raise an additional £7bn each year by 2014/15.
The current economic conditions provide opportunities for business investment and development but the risk element of investing should also be carefully factored in to the decision making process.
Join us for a fantastic sugargroup in sunny Eastbourne. For those of you who want to "network" in a relaxed setting or have never networked before, why not have a go?
