George Osborne gave his Summer 2015 Budget Report on 8 July 2015 against a back drop of growing employment and ‘robust’ confidence among small and medium sized business owners. Highlights of the Summer 2015 Budget are: Personal Allowance increase to £11,000 from April 2016 7.5% Dividend tax after the first £5,000 Corporation tax to be […]
As we get closer to Auto Enrolment for the owner managed business sector it would appear The Pensions Regulator is waking up to the fact, not all business is created the same. Most businesses who have PAYE schemes will have now had letters from The Pensions Regulator giving scant details on your new legal duties, […]
Optimum Directors Salary 2015/16 From 6 April 2015 Directors have a decision to make, just like last year, Directors have to decide how they pay themselves from their own Limited Company. Remember last year, that’s right it’s not as simple as it used to be …. With the introduction of the £2,000 employment allowance in […]
Budget Report 2015. On Wednesday 18 March 2015 George Osborne delivered his final Budget Report before the general election. Some of the highlights from the Budget are: Unemployment down to 1.86m Projected economic growth will be consistently above 2% Pensions: from 2016 existing annuities can be ‘cashed in’ ISA annual savings limit increased to £15,240 […]
HMRC Advisory Fuel Rates 1 March 2015. HMRC has issued its new Advisory Fuel Rates that take effect from 1 March 2015. As fuel prices have continued to drop quite a lot lately there has again been a reduction in the HMRC Advisory Fuel Rates. For the latest HMRC Advisory Fuel Rates please click here.
HMRC has issued its new Advisory Fuel Rates that take effect from 1 December 2014. As petrol prices have dropped quite a lot lately there has been a reduction in the HMRC Advisory Fuel Rates this time. Employers are not obliged to use these new rates until 1 January 2015. For the latest HMRC Advisory […]
Yesterday the Chancellor, George Osborne, gave his last Autumn Statement before the 2015 General Election. The back drop to the Autumn Statement 2014 was not the same rosy picture that existed in March when George Osborne delivered his Budget, no this statement was given in full knowledge of an economic slowdown in much of the […]
You may well ask the question what does a business advisor do? The answer will always vary depending on the personal knowledge of the person who is responding and at what stage they are at in their business. A simple description of the role of a business advisor might be ‘a person who translates the […]