EXACT has been asked to comment on HMRC Brief 03/13 - Second Hand Fixtures.

Posted at 02:23 on Monday 15th April 2013

As Capital Allowances Consultants we have been asked to provide comment on Revenue & Customs Brief - 03/13 in relation to second hand fixtures.

Barrister loses DIY tax scheme case

Posted at 09:48 on Friday 12th April 2013

The following is an article published in the ‘The Law Society Gazette’ on 12 April 2013 by Catherine Baksi. ...

Exact Business Taxation Services Ltd are pleased to sponsor Huntingdon Rugby Club Under 8s Tigers Challenge 2013

Posted at 02:36 on Friday 12th April 2013

Exact Business Taxation Services Ltd are pleased to sponsor Hunti...

2013 Budget

Posted at 08:35 on Wednesday 20th March 2013

There were no surprises in the Budget from a Capital Allowances view point, but here are the main points:-

Capital Allowances Tax Relief & The Property Investor

Posted at 03:48 on Monday 18th March 2013

With interest rates being as low as they are, and the demand for property being as high as it is, many property owners will have seen their profits and yields increase over the last 18 months or so. ...

The Capital Allowances (First-year Tax Credits) Order 2013

Posted at 07:26 on Monday 11th March 2013

HMRC have today issued SI 464 of 2013, which applies to both income and corporation tax and is relevant for First Year Tax Credits relating to environmentally friendly Plant & Machinery.

Tax advice for dentists

Posted at 06:02 on Tuesday 5th March 2013

HMRC have launched a new online tax guide specifically for dentists.  T

Income Tax Relief Cap for Individuals from April 2013 & Capital Allowances

Posted at 08:59 on Friday 22nd February 2013

Legislation will be introduced in Finance Bill 2013 to set a limit on specific income tax reliefs claimed by individuals from 6 Apri...

CBI Director-General calls for increase in Capital Allowances

Posted at 07:09 on Monday 4th February 2013

John Cridland, head of CBI, has called for capital allowances on buildings to be restored and extended beyond plant and equipment to investments in projects such as energy. He also sought impr...

Another Tax Blow For Holiday Home Owners

Posted at 03:25 on Friday 1st February 2013

31st January - A tribunal quashed a landmark ruling that allowed relief from inheritance tax for thousands of UK furnished holiday let owners who let their properties.  An esti...

Condensing Water Heaters Approved For Enhanced Capital Allowances

Posted at 03:01 on Friday 1st February 2013

Water Heater producer Hamworthy Heating’s range of direct fired condensing water heaters are noe included within the governments energy efficient list and therefore qualifies for additional tax relief.

31 January filing deadline - Use of provisional and estimated figures

Posted at 03:27 on Tuesday 15th January 2013

If you are unable to complete your tax returns for 2011/12 tax year by the 31 January 2013 deadline, you can include provisional or estimated figures. 

Exact Business's Tax View On The Whetherspoons Expansion

Posted at 03:09 on Monday 31st December 2012

As announced in the press today, the pub chain JD Wetherspoon has announced plans to create 1,200 jobs during 2013 and said the number would have been greate...

Important Dates for January 2013

Posted at 04:30 on Thursday 20th December 2012

1st January Due date for payment of corporation t...

What the Chancellors Autumn Statement Means For Capital Allowances & The Tax Payer

Posted at 09:25 on Wednesday 5th December 2012

In sh...