The tax relief you receive on the purchase of assets for your business such as computers, equipment and vehicles is set for a bumpy ride over the next couple of years.You therefore need to start thinking about the timing of your purchases in order to maximise the tax relief on your investment.
A welcome change in[...] Read more »
Archive for July, 2010
Plan your equipment purchases
Budget 2010: The aftermath
I guess everyone who predicted the increase in the VAT rate to 20% can give themselves a nice pat on the back and look forward to the rush of marketing campaigns at the end of the year when everyone tries to boost their sales pre-change. I am sure we will also see a myriad of companies after January 4th 2011 (the date of the increase) telling us that they will pay the extra VAT for us. Which is all well and good but does make me think they were perhaps overcharging prior to that.
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