To the blog for small and medium sized business (SME) owners.

Friday, April 06, 2007

New Fiscal Year in UK

6th April is the start of a new fiscal tax year in the UK. Several tax increase come into effect affecting individuals and small and medium sized business. For small businesses the rate of corporation tax is increased to 20% on the first 300000 GBP profit and the employer's national insurance contribution is now 12.8% of employees earnings.

No comments: