November 7, 2017 0 Comments

  Pension auto-enrolment has been on the cards since it was first announced for workplace pensions back in 2014. Auto-enrolment of staff in workplace pension schemes now applies to even the smallest of

November 7, 2017 0 Comments

  £4,000 pension input limit for SIPPs pension funds One of the measures affecting pensions announced in the Spring 2017 Budget that was not included in the first Finance Act, concerns a new

November 7, 2017 0 Comments

  Changes to pension tax relief in the budget? There is again speculation about further restrictions to tax relief on pensions in the Chancellor’s Autumn Budget. With the Chancellor looking to increase tax

May 5, 2017 0 Comments

  In his first Budget on 8th March, the new Chancellor Phillip Hammond announced that he would level the playing field between employees and the self-employed by increasing Class 4 National Insurance Contributions

March 18, 2017 0 Comments

    These are the suggested reimbursement rates for employees' private mileage using their company car from 1 March 2017. Engine Size Petrol Diesel LPG 1400cc or less   11p     7p

March 18, 2017 0 Comments

    There has been much lobbying from the small business sector to reduce business rates. The Chancellor stated that 600,000 small businesses currently benefit from small business rates relief. He also announced

March 18, 2017 0 Comments

  The chancellor also announced that the new tax-free childcare scheme is due to start in 2017. The scheme will provide up to £2,000 a year in childcare support for each child under

March 18, 2017 0 Comments

  The Chancellor announced that the Government is committed to continue to have the lowest corporate tax rate of the G20 major trading nations.  As already announced the corporation tax rate reduces to

March 18, 2017 0 Comments

  The Government is committed to the "Making Tax Digital" (MTD) project which is scheduled to start in April 2018 with the first quarterly updates being submitted by the self-employed and property landlords

March 18, 2017 0 Comments

  The Chancellor also announced measures to limit the rise in tax-driven incorporation. The £5,000 tax free dividend allowance introduced by George Osborne will be reduced to just £2,000 from 6 April 2018.