Jon Stow Consulting – Tax Solutions

Plant and machinery at the funfair

If you are thinking of selling your business or thinking of buying one, please do get tax advice at the outset. Of course commercial considerations are paramount, but once you have decided in principle upon making a move to sell, or a move to buy and started looking at the numbers, do take into account that those numbers may be affected in a major way by tax considerations.

Selling the owner managed company

In most circumstances a small owner-managed … Continue Reading

There has been a great deal in the professional tax press recently about HMRC’s intention to compel submission of corporation tax returns on-line using iXBRL from April 2011.

Quite apart from the expense issue from the taxpayer end in terms of the extra software costs required in development, it fills me with foreboding when the existing system, which is less complex, simply doesn’t work well.

I did try using HMRC’s own software on an experimental basis, but it involved downloading a huge editable PDF … Continue Reading