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
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
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.
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
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
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
Lack of management skills limit business growth
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
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
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 [...]