Professional News - September 2011
Our publication to keep you up to date with everything that is happening at Moore Thompson.
File on time to beat tax penalties
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Individual and business taxpayers are reminded of the new, tougher penalties for late tax returns and payments. |
Exam success for Moore Thompson trainees
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Five of our trainee accountants are now a step closer to qualifying after passing their recent ACCA (Association of Chartered Certified Accountants) exams. |
Time ticking away to cut in lifetime pensions allowance
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From 6th April 2012, the lifetime allowance for pensions will be reduced from £1.8 million to £1.5 million. |
Capital allowances loophole closed
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The government has bought forward the closure of a loophole that allowed businesses to accelerate capital allowances claims for plant and machinery and obtain advantageous early tax relief. |
Making the most of tax concessions
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Taxpayers who have received demands from HM Revenue & Customs (HMRC) can use the little-known Extra Statutory Concession (ESC) A19 to write off tax arrears which are at least a year old - as long as they had a reasonable belief that their tax affairs were in good order. |




