What Makes Us Different
Our business philosophy is quite simple, through a strong business relationship we endeavour to assist you in realising your dreams and ambitions, with the minimum of fuss and with an efficient tax strategy.
Our Ethos WORKING WITH YOU/THINKING FOR YOU is important to us and we remind ourselves daily we work for you our clients. We are fully committed to developing a close working relationship with each and every one of our clients and view these relationships as lasting friendships which we build on year through the years. We do our outmost to accommodate our clients needs, no matter how big or small.
This means our focus is you - our clients. We strive to make your business stronger by taking a proactive approach to your finances. Whether you require a simple phone call to run an idea by us or review of your financial position we believe a friendly approachable attitude is key to success.
We pride ourselves on being approachable and reliable in the advice we give.
As a team we keep ourselves up to date with HM Revenue and Customs and Companies House regulations, and policy changes ensuring you are compliant with changing legislation.
Changes to Annual Investment Allowance from 6th April 2012 and Maximising tax relief for the cost of machinery
Changes to Annual Investment Allowance from 6th April 2012 and Maximising tax relief for the cost of machinery
What is Annual Investment Allowance (AIA)?
The AIA is a form of capital allowance which offers tax relief at 100% on all qualifying expenditure on plant and machinery in the year of purchase. Currently the maximum you can deduct is £100,000. However, from 6th April 2012 this amount is being reduced to just £25,000.
There are exceptions to the plant and machinery that qualifies for AIA such as cars and plant and machinery gifted to your business.
AIA is adjusted for short or long accounting periods, and also for accounting periods that span the rates and dates of differing AIA.
Self Assessment Deadline is 31st January
The deadline for filing your self assessment tax return for the year ending 05th April 2011 is the 31st January. If you do not file by this date you could face penalties.
