So, a new blog, all about UK taxes. First let me explain something. I'm not currently a tax professional. I was: Until 2006 I worked in a variety of roles in UK accountancy practices as a tax advisor specialising in UK corporation tax and business taxation. For the last 8 years I have been looking after my kids (3 boys at the last count), trying my hand at being a business owner and, every now and then, wondering whether to return to practice.
And now, as you might have guessed, those thoughts have got a bit more serious. So I thought I would start re-familiarising myself with the current state of UK taxation legislation and this, the tax, inspected blog is my way of recording what I've been looking at each week.
I guess I should add a word of warning to anyone reading this blog in future weeks. Please don't use anything written here as professional advice. One thing I DO remember from being a tax advisor is that tax is COMPLICATED, and advice needs to be tailored to your specific situation, so my advice would be seek professional help from a firm of accountants or tax advisors. It may not be cheap but it will be good value if it avoids a massive pitfall or even saves you a bit of money off your tax bill.
So to start with I'll be looking at UK corporation tax, starting with some nice simple stuff and then moving on to look at a few more complicated bits and bobs. Hopefully it will all come flooding back, I'll update myself with the significant changes in legislation in the past few weeks and I may even pass on a few nuggets of information to a wider audience.
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