123contracting - 123contracting.co.uk

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Tax Changes 2012-13 15 Mar 2012 | 12:01 am

Corporation Tax The small profits rate paid by contractor companies stays at 20% having been reduced from 21% in April 2011. Value Added Tax The standard rate of VAT remains at 20%. The VAT regist...

Tax Allowances - end of the tax year, have you used all of your allowances? 7 Feb 2012 | 09:07 am

We're quickly approaching the end of the 2011-12 tax year - 5 April 2012 - if you have not used up your personal tax allowances by this date you will loose the benefit that they provide. During the 2...

Self-Assessment tax returns - deadline is fast approaching 19 Nov 2011 | 01:16 am

The deadline to file your personal Self-Assessment tax return is 31 January 2012. This might feel like a long time into the future but it really isn't! You need to collect together all of your financ...

123 Contracting, Runner Up in the Wandsworth Green Business Awards 2011 13 Oct 2011 | 06:28 pm

When we started 123 Contracting we wanted to run a business that was ethical and environmentally focused. We've managed to be quite successful by creating a paperless office, sourcing our energy suppl...

Reduce your tax bill and boost your pension with an employer contribution 12 Aug 2011 | 02:00 am

Working through a limited company is almost always the most tax efficient option for Contractors; however you can reduce both personal and corporate taxation even further by using your company to inve...

Tax Return fines 7 May 2011 | 02:00 am

Many freelancers will have heard of the £100.00 penalty for late filing of their tax return; however this penalty has always been capped so if you filed your return late but had a tax liability of onl...

Tax Changes 2011-12 7 Apr 2011 | 02:00 am

Corporation Tax The small profits rate paid by contractor companies has been cut from 21% to 20% from 1st April 2011. Value Added Tax The standard rate of VAT remains at 20%. The VAT registration ...

Coalition government - what could this mean for the UK tax system? 28 May 2010 | 02:00 am

So it's a coalition government - should make for some interesting politics - all seems lovely and rosy at the moment, but what does it mean for the UK tax payer? We found out a little, late last week:...

Back office development - lots of plans in the pipeline 27 May 2010 | 09:00 pm

As always it's a very busy time at 123 Contracting. We've been working on and developing our back room systems over the last two weeks. This has resulted in even greater efficiency throughout what we ...

123 Contracting News page goes live 15 May 2010 | 09:00 pm

Today 123 Contracting launches their news page of their website. We hope this will become a great place for our clients to keep up-to-date with the changes we make to our business as we continue to gr...

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