Further to the Autumn Statement yesterday afternoon, we have now uploaded an overview to our website here. The main points to highlight after yesterday’s statement and the summer Budget are: Corporation Tax Rates As announced in the summer Budget Corporation Tax rates will from 1 April 2017 reduce to 19% and 1 April 2020 it […]
HMRC has issued its new Advisory Fuel Rates that take effect from 1 September 2015. As petrol prices have continued to drop lately there has been a reduction in the HMRC Advisory Fuel Rates this time. For the latest HMRC Advisory Fuel Rates please click here.
According to the recent article on 14 August 2015 by Ben Lobel on the Small Business website www.smallbusiness.co.uk one in six small businesses have received poor advice from third party advisers, such as accountants …. Now that’s disappointing isn’t it … but Ben does not actually list accountants when states that IT consultants are identified […]
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.