On Wednesday 16 March 2016, George Osborne delivered his eighth Budget. I will be the first to admit that I was expecting this to be a spending- rather than tax-focussed budget. In fact, I was wondering how much there would be for me to write a blog about, particularly as we have the “tax lock”… Continue reading Budget 2016: Move over Ranieri, there’s a new “Tinker Man” in town!
From 6 April 2016, HMRC have introduced a new relief which is designed to save Employers money if they employ Apprentices. If you employ an apprentice you will not need to pay employer Class 1 national insurance contributions (NICs) on their earnings up to £827 a week (£43,000 per annum) which will obviously save you… Continue reading National Insurance & Apprentices.
Most people don’t realise how important it is to keep submitted documentation up to date at Companies House. There have been recent subtle changes too which makes it easier for Companies House to strike a company or LLP from the register. What happens if the company record is not kept up to date? If the… Continue reading THE IMPORTANCE OF SUBMITTING FORMS ON TIME TO COMPANIES HOUSE
As HMRC seem to have a vendetta against cars, it is often not tax efficient for a business to own a car and pay for all of the running costs, when it is made available for private use, unless you want a low emissions car (below 95 g/km), and who wants one of those? It… Continue reading The Ins and Outs of Mileage Rates
The last of our blogs in this series is upon us! Let’s take a look at the changes in the area of property tax, starting with a little gem that was announced in December 2015’s Autumn Statement.... From 1 April 2016, there will be a 3% higher rate of Stamp Duty Land Tax (SDLT) on… Continue reading What Changes in April 2016? (Part 3 – Property Tax)