We have summarised the important bits from Alistair Darling’s pre budget report yesterday for contractors in the UK. Read the details of the Pre Budget Summary (2010/2011) here (63.08 kb PDF).

 As Her Majesty’s Revenue and Customs (HMRC) are currently consulting over proposed changes to the way in which corporation taxes are declared, a number of organisations are expressing their concerns over the impacts these changes could realise. Whilst they recognise the fact that chang... [More]

While the big banks and companies snatch almost all of the current media attention during this financial downturn, 1st Contact tax have decided that it will be a very good idea to start placing more emphasis on the smaller and local businesses. After all, it is equally important for these business... [More]

Here at 1st Contact Tax we have been providing small and local businesses with up-to-date advice on what measures they can take to ensure that they are completely compliant when dealing with the HMRC (Her Majesty’s Revenue and Customs). We appreciate that this is not the best time for small ... [More]

Here at 1st Contact we aim to provide you with news stories that will be relevant to current tax issues, especially during this economic downturn in our economy.   There has been much tension in the business tax world for the past year and this has made it difficult to tell the pla... [More]