Jon Stow Consulting – Tax Solutions

The reality is that many married couples are liable to very different rates of income tax. It is not uncommon to have one who is a 40% payer while the other is liable only at 20% or has no liability at all. Therefore you might think that there would be some mileage in arranging property affairs to take advantage of this.

It is of course conceivable that the person with the higher level of income could be a 50% payer but most people in this position would and should … 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