Working overseas makes tax affairs more complicated
Article Abstract:
An increasing number of architects' practices are looking to broaden their horizons, and hence the firms are being asked to tender for overseas projects, with many firms having a presence in Europe and having a different impact on the tax affairs. Working overseas would undoubtedly make the tax affairs more complicated and there are many pitfalls to be avoided, however, by pre-planning activities and considering options, the firms can optimize their position and take advantage of tax-planning opportunities.
Publication Name: Architects' Journal
Subject: Business, international
ISSN: 0003-8466
Year: 2006
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Taxation on the drawing board
Article Abstract:
According to the revised accountancy rules, architects will have to pay tax on work for which they have yet to bill. The changes would affect architectural firms and others engaged in professional services, as it will mean a significant jump in the revenue shown on a practice's accounts - with the related tax liabilities.
Publication Name: Architects' Journal
Subject: Business, international
ISSN: 0003-8466
Year: 2004
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Avoiding VAT adds value
Article Abstract:
The reduced rate of VAT (5%) was extended to Budgets of 2001 and 2002 to encourage use of brown land in place of greenfield sites. The reduction was aimed at reducing cost of developing of the existing projects.
Publication Name: Architects' Journal
Subject: Business, international
ISSN: 0003-8466
Year: 2003
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