- “I would just like to thank you & your friendly staff for the excellent service I have received.
Everything was so clearly explained...”
Jane Wootton Smith - “Thanks to Nick Park’s advice we secured a sizeable tax and VAT rebate which was very helpful towards our barn conversion.”
G.G Sevenoaks - The winner of the feedback prize draw for March 2013 is Elysium Cymru. A box of chocolates are on their way to them.
- “It gives us great confidence knowing we are able to rely on you and your team to solve our tax problems...”.
J Matthews JM Hair Ltd - “I don’t think you could improve your service to us as everyone we deal with is great. Nothing is too much trouble...”.
Christine Grey, Grey’s Health & Safety Solutions Ltd - Having hired Ed Gooderham at Green and Co, we now enjoy more freedom to concentrate on other areas of our business, and have a lot less stress...
Mark Cushing – Twisted Pair Limited - "During the past 21 months, when I have needed help and guidance, Green and Co have assisted me in every way".
Carol Jones, K Jones Electrical Limited - “What a fantastic service these guys give, they not only sort your accounts they give impartial advice to ensure all your affairs are up to date and working effectively.”
All Sorts Training - “Becoming a limited company is a big step but with the support of Sam and Ed this transaction will be made smoothly.”.
Vixtay Web Design - “Being my first visit to an Accountant's office I was a bit nervous about what to expect, I was totally surprised... and my fears dispelled...”.
A potential client - “Nick Park fully understands our business and we therefore have confidence in his judgement. We feel we receive excellent service”
Bev Baker – B E Baker & Sons Limited - “It’s a really nice team, feel like human beings. Advice is excellent and reassuring. Would recommend to friends”
Giles Davis - “Thank you very much, I will definitely recommend you!”
Charlie Fleming – April House Farming - We have saved clients £2,293 in tax for every £1,000 in fees.
- “Thank you very much, I will definitely recommend you!”
Charlie Fleming – April House Farming - “We have been with Green and Co for just 8 months but wish we had come to them sooner. The advice we have been given has been invaluable. Thank you.!”
Mr and Mrs TEJ Morris - “We are extremely happy with the excellent personal service you provide, and of your knowledge of our particular sector.”
Milton Farm Partnership
Business taxes
Announcements affecting business taxes included:
Corporation tax - main rate
The Chancellor announced that from 1 April 2014 the main rate of corporation tax would be reduced to 21%. This was a greater reduction than previously announced in the 2012 Budget, which intended a rate of 23% from 1 April 2013 and 22% from 1 April 2014.
Annual Investment Allowance
The Annual Investment Allowance limit will be increased from £25,000 to £250,000 per annum for two years for all qualifying investments in plant and machinery made on or after 1 January 2013.
Corporation tax reliefs for the 'creative' sector
In the 2012 Budget it was announced that, following consultation, corporation tax reliefs would be introduced for the video games, animation and high-end television industries from April 2013, subject to state aid approval. Under these reliefs, qualifying companies will be able to choose between an additional deduction at a rate of 100% of enhanceable expenditure or a payable tax credit at a rate of 25% of qualifying losses surrendered.
Tax simplification for small unincorporated businesses
A new income tax scheme for small unincorporated businesses will be introduced for the 2013/14 tax year to allow eligible self-employed individuals and partnerships to calculate their profits on the basis of the cash that passes through their business. They will generally not have to distinguish between revenue and capital expenditure. In addition, and with wider implications for our self-employed clients, all unincorporated businesses will be able to choose to deduct certain expenses on a flat rate basis.
Small Business Rate Relief
The temporary doubling of the Small Business Rate Relief will be extended for a further 12 months from 1 April 2013.
Empty property rates
Subject to consultation, all newly built commercial property completed between 1 October 2013 and 30 September 2016 will be exempted from empty property rates for the first 18 months, up to the state aid limits.
