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A Tale of Friends and Tax

I really like this tale about Tax and whether it is more, or less, fair to the poor or to the rich......

Suppose that every day, ten men go out for a beer and the bill for all ten comes to £100...
If they paid their bill the way we pay our taxes, it would go something like this.......

The first four men (the poorest) would pay nothing.
The fifth would pay £1.
The sixth would pay £3.
The seventh would pay £7.
The eighth would pay £12.
The ninth would pay £18.
The tenth man (the richest) would pay £59.

Paul Chapman - Top 200 Accountant

Paul Chapman - Announced in UK's Top 200 Accountants

"On Sunday 10th April the Sunday Times published their first supplement listing the Top 200 Accountants in the UK based on reviews on the independent consumer ratings websiteVouchedFor.co.uk. We are proud, but not at all surprised, to say that Paul Chapman was featured. To be included Paul was highly recommended by 10 of his clients. All had rated his services over 4 stars out of 5, which is a fantastic achievement. We’d like to thank all of the clients who took the time to share their positive feedback on

Consumer Rights Act 2015

Consumer Rights Act 2015 - all change from 1st October 2015!  See the article below:
 
 

5 Financial Tips for Newly-Employed Young People

5 Financial Tips for Newly-Employed Young People
 
Summer. A time for barbeques, trips to the beach, ice cream and, for many teenagers and young adults, their first jobs. What better time, then, to inform the newly employed about sound financial practices, before they’re tempted to spend all of their hard earned income having a good time? 
 
For many, the pursuit of fun is more of a priority than saving money. Are they right?Just turn on the radio and you’ll hear any number of songs about frivolous consumerism.

Have a Tax Free Christmas

How to have a tax free Christmas
(15 Dec 2014)
Christmas Parties
  • HMRC have an Exemption (not an allowance) of £150.
  • If the employer provides two or more annual parties or functions, no charge arises in respect of the party, or parties, for which cost(s) per head do not exceed £150 in aggregate.
  • available to employees generally or
  • available to employees generally at one location, where the employer has more than one location.
The figure of £150 is not an allowance. For functions that are outside the scope of the exemption (see example at

Working from Home

 
November 14, 201418:00
 
 
Almost a third of British workers run some kind of creative business outside their main jobcontributing an estimated £15bn to the UK economy, according to new researchfrom Moo.com. Profitability among this group of enterprises has increased by 32% in the past year. One in ten part-time creative entrepreneurs plans to leave their job to focus on their business full-time within the next year.
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A Tale of Friends and Tax
Paul Chapman - Top 200 Accountant
Consumer Rights Act 2015
5 Financial Tips for Newly-Employed Young People
Have a Tax Free Christmas

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