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Old Mill Tax update- February 2012

February 28, 2012

Old Mill Tax Update – February 2012

Our newsletter this month contains the following articles:

  • Old Mill named Best Financial Adviser Firm at Professional Adviser Awards
  • Higher rate tax payers regarding tax relief on pension contributions,
  • Pensions…again!
  • Tax planning tips for 2011-12,
  • CGT exemption using the new Seed Enterprise Investment Scheme (SEIS),
  • ‘Phishing’ tips from HMRC,
  • Late filing and payment penalties.

Old Mill named Best Financial Adviser Firm at Professional Adviser Awards

We are delighted to have been named Best Small Adviser Firm 2012 at the prestigious Professional Adviser Awards…Read more

Higher rate tax payers are you missing out?

Do the following criteria apply to you?

Do you make payments into your own or your employer’s pension scheme?
Do you pay higher rate tax, 40% or 50%?
Have you omitted to claim higher rate tax relief on the contributions you have made?

If so you might like to read this article…Read more


A lot of media coverage in 2011 was given to the debate around changes to public sector pension entitlements. We look at why there needs to be change for the schemes and what it might mean to you, even if you don’t work for the Government…Read more

Tax planning opportunities prior to 5 April 2012

The end of the 2011-12 tax year is fast approaching, 5 April 2012. This article emphasises some of the issues that you may like to consider while there is still time to act…Read more

The CGT exemption using the new Seed Enterprise Investment Scheme (SEIS)

We have mentioned this new tax-based scheme before, and more details are now emerging before the scheme starts on 6 April 2012…Read more

Phishing tips from HMRC

During the last three months HMRC has helped to close down 185 websites that are purporting to hand out tax refunds to taxpayers…Read more

Self-assessment late filing and payment penalties

Late filing vs Late payment…Read more

Tax Diary February/March 2012

Keeping you updated…Read more

Contact us

If you have any questions about any of the articles please don’t hesitate to call one of our Tax Team or visit for more details.

Dorchester – 01305 268168

Exeter – 01392 214635

Melksham – 01225 701210

Shepton Mallet – 01749 343366

Yeovil – 01935 426181

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