Budget Highlights 2008

16.04.2008

Legislation on "income splitting" delayed until 2009

Following the defeat of H M Revenue & Customs at the House of Lords over "Arctic Systems" in 2007, Chancellor Darling threatened to remove the long standing right of family businesses to legally arrange their affairs to minimise their tax liabilities. In future dividends or profit shares would have to be justified by the recording of an individuals input to the business increasing the burden of administration and removing certainty. Because of the almost impossible task of framing workable legislation he has deferred its introduction while he consults, hopefully he will apply common-sense and quietly let this drop.

Capital Allowances

15.04.2008

From 6th April 2008 (1st for companies) every business will be able to claim 100% of expenditure on plant and machinery up to £50,000 instead of first year allowances (varied between 40% & 50% in recent years). Any excess expenditure will be given @ 20% pa. If the pool balance is less than £1,000 it can be written off. entirely.

Digital Globe Limited

19.05.2007

Robert Ogle instructs UK software company digital globe ltd to develop new website

"It's so easy..."

Digital Globe offer technology that will grow with your business without having to worry about technical complexity. The combination of software engineers, web designers, system analysts and consultants means that you receive the best support and experience possible.

The consultants at Digital Globe offered a superb, cost-effective and professional service and we are more than delighted with the new site and ongoing support we have received.

Tax Investigation Service

12.12.2006

H M Revenue and Customs will at some time investigate most businesses. To do so they do not have to have any reason and may be competely random. Such an investigation is very intrusive, covering all aspects of both your business and personal affairs requiring a different approach to normal tax compliance work. With our relevant experience we can releive the pressure and ensure that this unpleasant experience is as painless as possible. We also offer through Abbey Tax Protection insurance to cover fees arising from such a full investigation to ensure there are no nasty surprises once the investigation is completed.