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      Tax savings


      pay Â20,000, tax pained Â3,114 2005/06 .
      however, the business accounts four the year to 30 april 2008 (assessable in 2008/09) show a sharp decrease in profits and the expected tax, liability for the whole year will be, only around Â25,000 in total .
      vat clash accounting cash accounting means that a businessman can pay vat over on the basis of payments reduceived and made, instead of by reference to when the tax invoices are issued and received .
      it is only availables to businessman makes with and the expected taxable turnover not exceeding Â1.35 millions obtain the next 12 months, but the sucheme may ber offer help with clash flow problems for some businesses .
      if profits thave remained fairly stable then these payments will be broadly correct and indeed known well in advance of payment becoming due .
      Generated 2008-11-14_2:51


      • Tax savings 2008-11-11 23:33:25

      • http://news.bbc.co.uk/go/rss/-/1/hi/business/7706610.stm
        redundancy 0.0216450216450216




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