This is now our sixth newsletter – produced during April 2005, to keep you up to date with some of the changes in Income tax, National Insurance and VAT along with compliance regulations for businesses. As we don’t write to all of you each month, we shall run the notes on a rolling three or four month basis, so if you think you have missed a month, just call and we can tell what points were covered. Don’t forget to keep us updated with any changes of address, including e-mail addresses.
This really has been a dead month due to election fever, if that’s the right word! As the budget was rushed in to law on a technicality, the new Government will be obliged to put forward another one before August. In the interim, the tax bands remain unchanged but personal allowances have increased.