Ebulletin - August 2009

Welcome to the August/September issue of our Ebulletin.

In this issue we look at share option plans as a cost effective solution, at this crucial time, for employers wanting to encourage involvement from key employees who will contribute to the future growth of their business.

We consider the alternatives to redundancy that companies can and should be considering and point out a few changes coming soon with the implementation of the Companies Act and opportunities that might come from those changes.

We follow our mortgage expert on the next instalment in the discussion on lending and we get to grips with the small print of the higher rate of tax for those earning over £100K per annum.

At the end of each article we have provided the contact details of a qualified expert in each area. If you have any questions or concerns, do get in touch.

If you find our Ebulletin useful, please forward it to your friends and colleagues and if there’s anything you’d like us to cover or change in the future, please send an email to goodideas@armstrongwatson.co.uk

In this issue:

Charities and the VAT hit on buildings

At the moment, and potentially only until 1 January 2010, charities pay no VAT on the acquisition or construction of a new building if it is 90% used for charitable purposes...

Companies Act 2006

The changes made to Company Law by the Companies Act 2006 have been implemented over a very long period but the last of these come into effect on 1 October 2009...

Enterprise Management Incentives

Many companies have made positions redundant as part of a recession survival strategy...

Free Tax Facts are just a click away

Have you seen our range of tax factsheets? Our tax factsheets cover business, personal and employment taxes and VAT advice and compliance...

Leading Enterprise and Development (LEAD)

The Northwest Regional Development Agency (NWDA) has launched the rollout of a significant new leadership development programme across the region...

Mortgages

On 6 August 2009 the Bank of England voted to yet again hold base rate at 0.5% for the fifth month in a row...

New Disclosure Opportunity

HMRC has confirmed details of the long anticipated New Disclosure Opportunity (NDO) following the previous “amnesty” in 2007...

Redundancies? Do you have an option?

Redundancies cost time, money, face and morale...

The big tax hike

The budget may now seem like a distant memory but the effects of this year’s tax raid will be felt for some time to come...