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SKY Business News

'Brexit fears' force O2 to postpone£10bn flotation
Mon, 22 Oct 2018 12:59:00 +0100

Telecoms giant O2 is postponing its£10bn stock market flotation until after Brexit amid market uncertainty. 

Ryanair blames strikes for fall in half-year profits
Mon, 22 Oct 2018 06:49:00 +0100

Ryanair has reported a 7% fall in profits for the first half of the year, blaming repeated staff strikes that pushed up the number of flight cancellations over the period.

Treasury yet to finalise China finance summit
Mon, 22 Oct 2018 12:40:00 +0100

The government is struggling to agree the timing of a key annual financial sector summit with China, months before Britain's departure from the EU intensifies the urgency of securing bilateral trade deals.

Self-driving taxis to launch in London by 2021, firm says
Mon, 22 Oct 2018 09:33:00 +0100

Plans have been unveiled to launch self-driving taxis in London by 2021.

Former Paddy Power boss becomes WorldRemit CEO
Mon, 22 Oct 2018 07:57:00 +0100

Digital money transfer company WorldRemit has confirmed the appointment of the former boss of betting chain Paddy Power Betfair as its new chief executive.

Personal Tax

Personal tax (income tax and capital gains tax) is arguably the most understood of all of the taxes, as most of the population pay it in a very visible way. Since the introduction of self assessment, the self employed, the employed, investors and trusts all need to understand the new rules, to minimise their overall tax exposure.

If you are selected by the Inland Revenue to fill in a self assessment personal tax return, because you are self employed, a higher rate taxpayer, a director, a property investor, or another reason, you need to make sure that this return correctly discloses all taxable income sources and claims all valid tax deductions.
Specific areas which we are typically asked to advise on include:

Disclosing and then agreeing your personal tax liability with the Inland Revenue is principally achieved by the completing and filing of a self assessment tax return..

Understanding this complicated tax system and paying the minimum amount of personal tax, at the correct time, through the correct mechanism, should satisfy our client.  We may even be able to suggest ways to restructure your affairs to save further tax.

Gorman Darby & Co Ltd
Registered in England & Wales under number 5750702. Registered office is 39 Hatton Garden London EC1N 8EH.