Monday 9 July 2007

Don't forget the new tax charge for the Man with the Van!

Don't forget that the Man with the Van will be liable to a £3,000 benefit in kind charge for private use, which is a shame. Does he have to buy two vans!! That does not sound environmentally friendly. The Weymouth accountants Roger Wood & Co notes that the
smoking ban applies to commercial vans from July 1st.
Roger Wood also goes through the new regulations, which affect the transfer of cash
by travellers to or from the European Union to non-EU countries. This is to help fight
money laundering and counter tax evasion. Sums of 10,000 euros or more have to be
declared.

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