The Association of Taxation Technicians (ATT) has issued a warning to residential property owners, about the need to carefully consider the timing of any sale...
HMRC urging businesses to prepare for potential...
- Brexit, Business, HMRC, SMEs,
- comments: 0
Ahead of Britain’s upcoming departure from the European Union (EU), HM Revenue & Customs (HMRC) is warning businesses about the necessary steps they need to...
SMEs urged to claim broadband vouchers
- Small Business, SMEs,
- comments: 0
The Government is urging SMEs make use of a scheme that can earn them a £2,500 voucher towards the installation of fibre optic broadband. (more…)
Wages showing fastest increase in almost a...
- Wages,
- comments: 0
According to the latest figures from the Office for National Statistics (ONS), wages rose at the fastest pace in nearly a decade in the three...
HMRC considering reforming trusts that allow families...
- Inheritance Tax,
- comments: 0
Hundreds of thousands of taxpayers could be affected by potential reforms of the financial arrangements that allow them to pass on their wealth. (more…)
HMRC Important filing deadlines
- Capital Gain, Income Tax, Small Business,
- comments: 0
Important Deadlines for individuals, self-employed and CIS subcontractors Individuals, sole traders and CIS subcontractors Filing deadline Second payment on account for 2016/17 tax year 31...
What expenses can I claim as a...
- Freelancers, Small Business,
- comments: 0
In simple terms, expense is the money spent by an organisation for the purpose of business. In accounting, an expense is an outflow of cash...
The Marriage allowance
- Contractors, Income Tax,
- comments: 0
The marriage allowance was introduced to take effect from the tax year 2015/16. The marriage allowance allows certain individuals who are married or in a...
Flat Rate VAT Scheme and Limited Cost...
- Contractors, Freelancers, Small Business,
- comments: 0
A business is a limited cost trader if its VAT inclusive expenditures on relevant goods is either: Less than 2% of your VAT Flat rate...
Budget Highlights 2017
- Freelancers,
- comments: 0
Income tax The personal allowance for the tax year 2017/18 has been increased to £11,500. Class 2 and Class 4 National Insurance contributions (NICs) The...
National Minimum Wage and National Living Wage...
- Contractors, Freelancers, Income Tax,
- comments: 0
The hourly rate for the minimum wages depends on your age and whether you’re an apprentice. The National Minimum Wage (NMW) is the minimum pay...
Lifetime ISAs available from 6 April 2017
- Income Tax,
- comments: 0
The lifetime ISA will be available from April 2017 to help young people save for long term, particularly when buying a first home. You can...
