TaxAssist Accountants highlights forthcoming tax changes.

TaxAssist is highlighting the forthcoming
UK tax changes such as the elimination of the 10 per cent starting income tax rate. The company notes that this will increase the tax charge for lower
incomes.
On capital gains there will be winners and losers. Although there will be a
rate of 18 per cent, indexation and taper relief will be eliminated from the 2008-09
tax year.
TaxAssist Accountants is an accountancy network, which looks after 24,000 customers. They range from personal individuals, sole traders and limited
companies.
The network notes that HM Revenue and Customs are getting tougher on family-owned companies, which will not be able to allocate profits and dividends amongst family members just to save tax.