Auto-enrolment for businesses

June 1st, 2016|Comments Off on Auto-enrolment for businesses

Auto-enrolling employees into a workplace pension scheme is a legal requirement for all businesses, from those employing hundreds to those with 1 or 2 people on the payroll.

Insider May 2016

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

Many charities are unaware of their reporting obligations with 1 in 5 having submitted the wrong documents, according to research by the Charity Commission.

Estate planning

May 9th, 2016|Comments Off on Estate planning

Effective estate planning ensures that your property and/or possessions go to the people you choose when you die. It can also be financially beneficial to the recipients of your estate as it can reduce the amount of tax paid to HMRC on your estate.

Insider April 2016

April 15th, 2016|Comments Off on Insider April 2016

Lack of management skills limit business growth

Succession planning for a family business

April 15th, 2016|Comments Off on Succession planning for a family business

There are more than 3 million family businesses in the UK, which between them employ more than 9 million people and contribute 15% to GDP.

Personal tax planning

April 4th, 2016|Comments Off on Personal tax planning

The overriding aim of all personal tax planning is to legally reduce the amount of tax paid on an individual’s income. This income can come from a number of sources and the tax reduction strategies available will be based on the reliefs and allowances applicable to each source.

Tax Card 2016/17

March 29th, 2016|Comments Off on Tax Card 2016/17

TAXABLE INCOME BANDS AND TAX RATES   2016/17 2015/16 Starting rate limit for savings £5,000* £5,000* Starting rate for savings 0% 0% Basic rate band [...]

Budget Report 2016

March 17th, 2016|Comments Off on Budget Report 2016

The following report summarises the announcements made by Chancellor George Osborne during the Budget 2016 on 16 March 2016.

Residence and domicile

March 11th, 2016|Comments Off on Residence and domicile

A guide to understanding the terms residence and domicile as well as their legal and tax implications

Salary or dividend?

March 11th, 2016|Comments Off on Salary or dividend?

Owner-managers and contractors often pay themselves in a combination of salaries, bonuses and dividends.