http://www.wilson-nesbitt.com/articles/ Wilson Nesbitt Solicitors - Tax News RSS feed en-gb reception@wilson-nesbitt.co.uk,chris@flamegreen.com info@flamegreen.com 30 http://www.wilson-nesbitt.com/articles/1772/19022010/ni_firms_need_to_be_aware_of_paye_changes.html Northern Ireland businesses are being encouraged to take note of impending PAYE amendments that might have an impact on their operations.Firms in the country employing less than 50 people are not able to submit Employer Annual Returns using paper forms anymore, HM Revenue and Customs (HMRC) has... Fri, 19 Feb 2010 12:56:06 UTC http://www.wilson-nesbitt.com/articles/1467/25032009/hmrc_urges_small_businesses_to_file_returns_online.html Small businesses in Northern Ireland can get a £75 tax-free payment from Her Majesty's Revenue and Customs (HMRC) if they file their 2008/09 employer annual return online.HMRC is urging companies with less than 50 employees to take advantage of the online platform to submit their... Wed, 25 Mar 2009 14:05:00 UTC http://www.wilson-nesbitt.com/articles/1436/24022009/hmrc_sets_up_online_video_advice_platform.html Solicitors in Northern Ireland may want to advise their clients to take advantage of a new online platform that has been set up by Her Majesty's Revenue & Customs (HMRC).HMRC has introduced a series of short videos that are available online, which offer guides and advice to new and... Tue, 24 Feb 2009 14:05:00 UTC http://www.wilson-nesbitt.com/articles/1430/19022009/more_tax_cuts_imminent_pm_hints.html Businesses in Northern Ireland considering laying off staff due to the worsening economic conditions may benefit from more tax cuts in coming weeks as the government moves to stabilise the economy. Solicitors in Belfast may be interested to hear that prime minister Gordon Brown has hinted at more... Thu, 19 Feb 2009 17:30:00 UTC http://www.wilson-nesbitt.com/articles/1356/08012009/hmrc_warns_of_fraudulent_emails.html Businesses and self-employed individuals in Northern Ireland may be left seeking the services of solicitors following news that thousands are being targeted by fraudsters.Her Majesty's Revenue and Customs (HMRC) has issued a warning that fraudsters are taking advantage of the upcoming... Thu, 8 Jan 2009 14:10:00 UTC http://www.wilson-nesbitt.com/articles/1321/11122008/credit_crunch_impacts_on_working_style_of_tax_advisers.html The ongoing credit crunch has impacted on the way Chartered Tax Advisers (CTAs) are working with their clients as they are now spending more time helping their struggling customers, new research shows.Solicitors in Northern Ireland may be interested to hear that 44 per cent of CTAs are now doing... Thu, 11 Dec 2008 14:10:00 UTC http://www.wilson-nesbitt.com/articles/1288/25112008/new_tax_cuts_to_benefit_ni_residents.html The government has unveiled a package of tax cuts and financial incentives worth billions of pounds, the contents of which may have far reaching effects in Northern Ireland.In a bid to jumpstart the UK economy, the Government announced a £20 billion package that included a cut in VAT... Tue, 25 Nov 2008 13:20:00 UTC http://www.wilson-nesbitt.com/articles/848/04072008/law_commission_to_consider_taxpayers_rights.html The Law Commission is running a consultation to find out whether there is a need for people to be able to take more action against government agencies such as HM Revenue & Customs (HMRC) when they are wronged.Such redress could be organised through solicitors and might include factors... Fri, 4 Jul 2008 13:40:00 UTC http://www.wilson-nesbitt.com/articles/772/19052008/government_moves_to_stop_tax_exodus_to_the_republic.html The chancellor Alastair Darling is set to make tax concessions to business in an attempt to stop a mass exodus to the Irish Republic from the UK and Northern Ireland, it has been reported.In a speech to the Confederation of British Industry tomorrow, the chancellor is hoping to calm concerns over... Mon, 19 May 2008 16:38:00 UTC http://www.wilson-nesbitt.com/articles/754/09052008/lower_corporation_tax_would_boost_northern_irish_economy.html Having a lower level of corporation tax would act as a boost for Northern Ireland because it would help attract more "profit centres", it has been claimed.Nigel Smyth, director of CBI Northern Ireland, told BBC Radio 4's The World at One programme that although more... Fri, 9 May 2008 13:41:00 UTC http://www.wilson-nesbitt.com/articles/734/29042008/ubm_moves_to_more_favourable_irish_tax_regime.html Global business media company United Business Media (UBM) has said it plans to move its tax base to Ireland in order to make the most of the more favourable tax regime there.According to the firm, the move reflects its move closer to the international market.Despite being based in Britain, UBM... Tue, 29 Apr 2008 13:48:00 UTC http://www.wilson-nesbitt.com/articles/725/24042008/more_inheritance_tax_bills_being_reduced_by_giving_money_away.html The number of people giving away money before they die in order to reduce the inheritance tax (IHT) bill liable on their death is on the increase, according to Forum Wealth.Research by the independent financial advisory group discovered that more people are also trying to reduce the confusion... Thu, 24 Apr 2008 13:29:00 UTC http://www.wilson-nesbitt.com/articles/712/16042008/irish_business_law_changes_could_mean_more_jobs_in_northern_ireland.html Proposed changes in Irish law which would give tax breaks to companies opening up bases north of the boarder could create more and better jobs in Northern Ireland.Solicitors in Northern Ireland will be able to help businesses to administer the changes.The success of the meeting between the... Wed, 16 Apr 2008 14:01:00 UTC http://www.wilson-nesbitt.com/articles/649/05032008/newspaper_seller_embroiled_in_tax_case.html A man who organised a newspaper selling group in Belfast, Northern Ireland, has had to contact his solicitors after being investigated for tax issues.Not only that, but 28 Romanians who were employed by the man to sell the publications on the streets of Belfast have also had to find solicitors in... Wed, 5 Mar 2008 12:45:00 UTC http://www.wilson-nesbitt.com/articles/615/19022008/more_parents_helping_children_buy_homes.html With property prices still remaining high in Belfast and Northern Ireland, solicitors could see more parents putting money towards helping their children to buy their first home.However, solicitors in Belfast and Northern Ireland are unlikely to see parents totally taking over the buying process,... Tue, 19 Feb 2008 13:45:00 UTC http://www.wilson-nesbitt.com/articles/613/18022008/iht_generous_to_small_businesses.html Solicitors in Belfast and Northern Ireland are often asked to write up wills for small business owners indicating that the family firm will be left to another member.As solicitors will know, currently Inheritance Tax laws (IHT) covering Belfast and Northern Ireland mean that small businesses can... Mon, 18 Feb 2008 12:45:00 UTC http://www.wilson-nesbitt.com/articles/606/08022008/ctfs_worth_%C2%A324bn_in_future.html The first group of children in Britain and Northern Ireland who have been eligible to set up a child trust fund (CTF) through a solicitor are looking at reaping around £2.4 billion in today's money when they reach 18, Children's Mutual estimates.This money includes the... Fri, 8 Feb 2008 12:00:00 UTC http://www.wilson-nesbitt.com/articles/605/07022008/media_mogul_in_tax_cut_plea.html Solicitors in Belfast and Northern Ireland will be awaiting the response to a fresh plea to cut corporation tax in the province.As solicitors will know, corporation tax currently stands at 28 per cent in Belfast and Northern Ireland, but companies are pressing for a reduction.Now the parent... Thu, 7 Feb 2008 13:15:00 UTC http://www.wilson-nesbitt.com/articles/564/15012008/hmrc_warns_of_tax_deadline.html Businesses in Belfast and Northern Ireland that are struggling with their tax returns might want to contact their solicitors for help as the January 31st self assessment filing deadline is looming.While solicitors can help firms in Belfast and the rest of Northern Ireland to complete the tricky... Tue, 15 Jan 2008 10:30:00 UTC http://www.wilson-nesbitt.com/articles/557/11012008/government_to_produce_taxpayers_charter.html After solicitors in Belfast and Northern Ireland have seen many clients complaining that they don't understand their tax obligations and tax forms, the government has announced a new Taxpayers' Charter will be published. HM Revenue & Customs (HMRC) has announced the launch of a... Fri, 11 Jan 2008 12:30:00 UTC http://www.wilson-nesbitt.com/articles/552/09012008/iht_planning_should_start_early.html Inheritance Tax (IHT) need not be a burden and though it is advisable to start planning early, it is never too late to begin, financial advisers have said.For homeowners in Belfast and Northern Ireland, sitting down with a solicitor to plan how to deal with IHT should be done as early as... Wed, 9 Jan 2008 12:00:00 UTC http://www.wilson-nesbitt.com/articles/513/17122007/tax_report_due_today.html Solicitors in Belfast and Northern Ireland will be paying close attention to the release of the Varney Report today, which is set to detail the tax measures available to government to bolster Northern Ireland's economy.Sir David Varney, the chairman of HM Revenue and Customs (HMRC), will... Mon, 17 Dec 2007 13:00:00 UTC http://www.wilson-nesbitt.com/articles/506/12122007/buy-to-let_could_still_be_worth_it.html Northern Ireland solicitors may not see a drop-off in buy-to-let investors, after experts have claimed there is still a market despite the housing market conditions.Indeed Belfast and Northern Ireland solicitors could prove instrumental in successful buy-to-let arrangement, as analysts say... Wed, 12 Dec 2007 15:20:25 UTC http://www.wilson-nesbitt.com/articles/494/05122007/half_of_firms_miss_tax_deadlines.html Solicitors in Northern Ireland will have to ensure that clients adhere to tax deadlines, after a report by the Public Accounts Committee (Pac) revealed that only 60 per cent of firms pay their capital gains tax on time.Not only that, but Northern Ireland solicitors will also have to ensure that... Wed, 5 Dec 2007 15:00:00 UTC http://www.wilson-nesbitt.com/articles/491/04122007/pm_not_backtracking_on_ni_tax.html Solicitors in Northern Ireland will have to continue to advise businesses over their tax obligations after the prime minister suggested the government would not change its mind with regard to corporation tax.Speaking at a Newspaper Society event in Westminster, Gordon Brown said a cut in capital... Tue, 4 Dec 2007 14:30:00 UTC http://www.wilson-nesbitt.com/articles/479/30112007/chancellor_urged_over_capital_gains_tax_plans.html Solicitors in Northern Ireland may face having to tell small businesses that they will have to pay more capital gains tax after if Alistair Darling's proposals are made law.MP Lady Sylvia Hermon said that Mr Darling has not considered how badly small businesses would be effected if a new... Fri, 30 Nov 2007 14:00:00 UTC http://www.wilson-nesbitt.com/articles/460/20112007/tv_presenter_secures_damages.html Belfast solicitors have secured compensation from BBC Northern Ireland for the corporation's former presenter George Jones after libellous remarks were broadcast about him.Mr Jones sought the help of solicitors as a result of comments heard on a live Radio Ulster handover on August 2nd by... Tue, 20 Nov 2007 14:15:00 UTC http://www.wilson-nesbitt.com/articles/445/08112007/brown_stands_firm_on_inheritance_tax.html Prime minister Gordon Brown has defended his decision to implement changes to the inheritance tax regime and insists that he came up with it before the Conservatives.Tory leader David Cameron has claimed that the government would not have made amendments to the inheritance tax scheme - which will... Thu, 8 Nov 2007 10:11:27 UTC http://www.wilson-nesbitt.com/articles/443/07112007/irish_authorities_defer_income_tax_cuts.html The Irish government is understood to be considering a cut in income tax that could stimulate further growth of the economy south of the border.According to a report in the Belfast Telegraph, the Irish authorities have been looking into the potential to cut income tax rates, but any decision on... Wed, 7 Nov 2007 10:46:30 UTC http://www.wilson-nesbitt.com/articles/428/26102007/armagh_tax-dodgers_fined_millions.html There was no way that even the best solicitors in Northern Ireland could have prevented a pair of hoteliers being fined £2.2 million between them after a Belfast court heard evidence of a string of tax evasion offences.Brothers Patrick and John McParland, who own popular Northern Ireland... Fri, 26 Oct 2007 11:03:41 UTC