Company cars
What’s new for 2018/19?
What’s new for 2018/19?
Personal tax planning
With a new tax year almost upon us, many sole traders will be reviewing their business structure and considering whether it’s worth switching to a limited company.
Companies can fail for several reasons and, for the most part, these aren’t the result of wrongdoing by the directors.
Traders have been able to prepare their accounts using the cash basis since April 2013, as long as they meet certain eligibility conditions.
TAXABLE INCOME BANDS AND TAX RATES 2018/19 2017/18 Starting rate* of 0% on savings up to £5,000 £5,000 Basic rate band £34,500 £33,500 Higher rate band £34,501 – £150,000 £33,501 – £150,000 Additional rate band Over £150,000 Over £150,000 Basic rate 20% 20% Higher [...]
Most employers choose to recognise the ongoing commitment made by their members of staff by providing various benefits and rewards.
The tax treatment of termination payments can be complex, not least because a termination package typically comprises several different elements, which may be treated differently for tax and national insurance purposes.
It may feel like we’re living in increasingly uncertain times ever since the UK voted to leave the EU.
Giving to charity in life and death