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SKY Business News

FTSE 100 'milestone' as it tops 7,000 mark for first time in more than a year
Fri, 16 Apr 2021 09:35:00 +0100

The FTSE 100 has climbed above the 7,000 mark for the first time since the early days of the coronavirus crisis.

Poundland owner Pepco snubs London with£4bn Polish float
Fri, 16 Apr 2021 15:23:00 +0100

Poundland's owner is snubbing London to pursue a€4.5bn (£3.9bn) listing in Warsaw after months of deliberations about a flotation that would have further bolstered the ranks of listed retailers on the London stock market.

Whitehall spending watchdog to probe Greensill's role in COVID support schemes
Fri, 16 Apr 2021 12:07:00 +0100

Whitehall's spending watchdog has launched an investigation into Greensill Capital's involvement in government-backed COVID support schemes prior to the firm's collapse.

Travel firm wants cheaper COVID tests for UK tourists - and predicts countries on 'green list'
Fri, 16 Apr 2021 12:48:00 +0100

The cost of COVID-19 tests for holidaymakers should be cut to£30 to encourage people to start travelling again, a boss at one of Britain's biggest travel chains has told Sky News.

Ocado plans self-driving delivery vehicles and 'kerb to kitchen' robots in tech tie-up
Fri, 16 Apr 2021 14:47:00 +0100

Ocado has revealed plans to develop self-driving delivery vehicles and"kerb to kitchen"robots as part of a tie-up with tech firm Oxbotica.

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
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