Year End Tax Review 2010/2011


Lead articles

Looking forward

This year, next year

Rate of change

Pension merry-go-round


Too much NIC

NIC and pensions

Company cars

Tax-free benefits

Childcare vouchers

Business - General

Time to incorporate?

Associated or not?

His and hers

Family bonus

Profit and loss

Show me the money

Can't pay, won't pay?

Turning back the clock

Business - VAT

Standard VAT or flat VAT?

VAT's up again

All Europeans now

A good start for VAT

Happy returns?


Top-up savings

Rainy day money

Capital Gains

Gains favoured

Splitting gains

A place in the country

Holiday lets reprieved


Family fortunes

Where there's a Will

Credits and debits

Benefit going

Piggy banks

Still trustworthy?


Penalty shoot-out

Going online

Paperwork, paperwork

Pay tax later

Opportunity knocks again


Give and save

Non-Domiciled People

Home and away


Interesting times

Benefit going

One of the more controversial changes announced by Mr Osborne is the withdrawal of the universal entitlement to Child Benefit, currently £1,056pa for the first child and £697pa for subsequent children. The rates will be frozen for the next 3 years, and entitlement is planned to cease in 2013 for couples where one partner is a higher rate taxpayer. There has been a lot of press and political criticism of the harshness of this withdrawal on people who are on the borderline of higher rate tax. The withdrawal is still some way away, and how it works may be modified by the time it takes effect.

Action Point!
If you are entitled to child benefit, this is one to keep an eye on