The Spring Tax Update conference of TaxAid was held recently at the Institute of Chartered Accountants in London. Once again this was a half-day event and the speakers were John Cooper FCA ATII who gave a corporate tax review Ian Nichol MA (Cantab) FCA ATII who spoke on exploiting the pensions revolution Jonathan Schwarz FTII Barrister who gave a talk on taxation of internet business and Peter Vaines FCA ATII Barrister who concluded the morning by speaking on the lawyer's view of tax.
First year allowances
Small businesses can now claim 100 per cent first year allowances on expenditure incurred between 1 April 2000 and 31 March 2003 on various items of computer hardware and software including the cost of creating a website. A small company is defined as not having a turnover of...
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