RA Woollard

Chartered Accountant

 

Our core business is the proprietor owned business

 

 

Rosalind Woollard - Chartered Accountant

Sorry you need to enable java Established in 1994 in Skelmorlie, North Ayrshire, we are helping businesses throughout Inverclyde, Renfrewshire, Glasgow and Ayrshire.

We help by running a virtual office using the latest technology and a team of dedicated bookkeepers to provide bookkeeping, payroll support and expert advice on tax issues.  

Meeting YOUR needs matters to us - talk to us and we will respond

 

Contact us by telephone (01475 520699) or by email

 

 

 

Happy year to one and all.

We are looking forward to 2010 as we hope you are

 

Deadlines

·         1 January 2010

VAT – the standard rate is due to go back up from 15% to 17.5%.

VAT – changes to Intrastate reporting requirements.

VAT – changes in the place of supply rules and rules for cross-border supplies.

·         31 January 2010

Filing deadline for 2008/09 tax returns for personal, partnership and trust returns filed online,

or for paper returns which cannot be filed online.

2009-10 Tax and NI Allowances Tax

·                The Standard tax code is  647L so the first £124.52 of a weekly wage will be tax free

·                The Primary threshold is  £110. Any one earning less than this in a given week will pay no NI.

Companies Act 2006

  • The most significant piece of company law legislation in the last 20 years
  • Major changes in UK company law affect all UK businesses

National Minimum Wages

Current rates from 1st October 2009 are:

·         £5.80 per hour for workers aged 22 years and older

·         £4.83 for workers aged 18 - 21 inclusive

·         £3.57 for workers under 18 who are no longer of compulsory school age

Budget statement - Wednesday 22 April 2009

Key Highlights              

·                Capital gain annual exemption increased to £10,100

·                Corporation tax rise deferred  - rate for small firms remains at 21 %

·                More time for businesses struggling pay their VAT, corporation tax PAYE

·                Trading losses of up to £50,000 can be offset against profits made over last three years

·                Temporary increase in threshold for empty property relief - for 2009/10 empty commercial properties with a rateable value below £15,000 exempt

·                More funds available to small business from EIB fund   £1 million ( European Investment Bank)

·                VAT standard rate 15 % until 01/01/2010 when it will return to 17.5 %. There is a help full guide at http://www.hmrc.gov.uk/pbr2008/measure1.htm  on the HMRC website

Why not contact us for advice on  income tax, corporation tax, capital gains tax and inheritance tax

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