Tax News Round-up March 2018
NO MAJOR TAX CHANGES IN CHANCELLOR’S SPRING STATEMENT As announced last year, the Chancellor’s Budget will in future take place in the Autumn each [...]
Certificate of residence – DTA’s
Individuals and organisations which receive income or gains from other countries, typically pensions or royalties, may have overseas tax deducted from those payments unless they [...]
Termination Payments – are you up to date?
Termination payments which are provided for in the employment contract are by definition paid under that contract, and are taxable. Payments in lieu of notice [...]
Employment Status -Are you and your workers employed or self employed?
Last year the House of Commons Work and Pensions Committee published a report on employment status calling on the Government to close the loopholes that [...]
Value is not the same as price
In order to create an effective pricing strategy for your products or services, you need to understand your customer’s perceived value of your offering. Value [...]
Key Trends to watch in 2018
Technology and innovation are driving the evolution of most businesses these days. Here are some of the key trends for businesses to watch out for [...]
Business Rates – The ‘Staircase tax’
The Chancellor promised to solve the problem of the “staircase tax” in his Budget speech. This is not a tax, it’s an increase in [...]
Dividend – Micro Company profit extraction
F (No 2) A 2017 received Royal Assent on 16 November 2017. Section 8 of that Act reduces the dividend allowance from £5,000 to £2,000 [...]
What evidence do I require for VAT?
The detail is included in VAT Notice 700 which is required reading for any VAT registered business. If you haven’t printed off a [...]
Autumn Budget 2017 – A Brief Summary
“BUILDING A BRITAIN FIT FOR THE FUTURE” This was the main theme of the Chancellor Phillip Hammond’s second budget (full policy paper can be found [...]