Oxford Office - 01865 552 925  |  Witney Office - 01993 776 476 team@themgroup.co.uk

NEWS

Be prepared – property purchases and Capital Allowances!

Many business owners are still unaware that they may be entitled to claim a deduction against profits in the form of capital allowances for elements of the acquisition costs of business property. In general these will reflect the properly apportioned costs of plant...

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Have you noticed the changes to the paper tax return forms?

We are now a few weeks into the new tax year and tax returns for the year ended 5 April 2013 have been issued by the Revenue. For those who actually receive a form rather than a notice to complete one, there are a few changes to the form and an increase in the number...

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Budget highlights for Small Businesses and their owners

Unincorporated businesses Income tax basic personal allowance increases to £9,440 for 2013/14 (increases to £10,000 for 2014/15) basic rate band for income tax is £32,010 for 2013/14 (falls to £31,865 for 2014/15) Cash accounting for taxable profits new optional cash...

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The MGroup

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