Lower tax bill

Why are you a sole trader?

From 1st April 2011 the tax paid by small limited companies (corporation tax) will be the same as the basic rate of income tax – 20%. In addition the increase is Class 4 National Insurance should prompt sole traders to review their business structures for potential tax savings. Why are you a sole trader? Starting [...]

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Have you given the tax man £421 too much this year?

Each British taxpayer is set to waste an average of £421 in tax in 2012 Biggest area of waste is tax credits – accounting for over £7.26 billion of wastage 85% of Brits haven’t done anything to reduce the amount of tax they pay Unbiased.co.uk launches its 2012 Tax Action Report – revealing £88.6 billion [...]

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