Insider – September 2016

September 20th, 2016|Comments Off on Insider – September 2016

Employers with 50 employees or fewer will have up to 100% of their apprenticeship training costs funded by the government.

National insurance planning

September 20th, 2016|Comments Off on National insurance planning

Since its introduction in 1911, national insurance (NI) has changed from a form of protection against ill-health and unemployment to include a wider range of benefits.

Gifts and inheritance tax

August 30th, 2016|Comments Off on Gifts and inheritance tax

How gifts can reduce your liability for inheritance tax. Inheritance tax (IHT) at 40% is due on the portion of a person’s estate that exceeds £325,000. This [...]

Insider – August 2016

August 9th, 2016|Comments Off on Insider – August 2016

A system to allow businesses to check and appeal business rates bills has been announced. The aim is to ensure that disputes are settled more promptly.

Lifetime ISAs

July 27th, 2016|Comments Off on Lifetime ISAs

Announced by Chancellor George Osborne in Budget 2016 and launching on 6 April 2017, the Lifetime ISA is designed to provide a tax-efficient option for people saving for a first home or retirement.

Extracting profits from your business

July 27th, 2016|Comments Off on Extracting profits from your business

Owning and running your business is a tough proposition but it is vitally important that people continue to do it. As well as the rewards that come from hard work and determination, there are also monetary benefits to running your own business.

Insider July 2016

July 18th, 2016|Comments Off on Insider July 2016

Businesses will need to submit their tax and financial information quarterly using software that's compatible with HMRC's systems.

Insider June 2016

June 16th, 2016|Comments Off on Insider June 2016

Keeping people with significant control registers It is now a legal requirement for companies and limited liability partnerships (LLPs) to keep a people with significant control (PSC) register from 6 April 2016.

Capital gains tax planning

June 15th, 2016|Comments Off on Capital gains tax planning

Selling something you own for more than you originally bought it for is the basis of doing ‘good business’ in terms of both personal and business finance.