National Minimum Wage Increases -1st April
Rates of National Minimum Wage and Living Wage. The National Minimum Wage (NMW) rates per hour will increase from 1st April 2018 so that [...]
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 [...]
IR35 – latest case to come before First Tier Tribunal
In a recent case brought before the first tier tribunal, Christa Ackroyd Media Limited v HMRC, the tribunal held that the former BBC television presenter [...]
Rent a room and tax relief- are you claiming?
Rent a room tax relief was introduced in 1992 to increase the availability of low cost accommodation for tenants, but the rental market has [...]
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 [...]
Indexation allowance – changes from January 2018
The capital gains indexation allowance adjusts the base value of an asset by general inflation, as measured by the retail price index [...]
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 [...]
Creating Value Based Pricing System
A value based pricing strategy is one which sets prices primarily, (but not exclusively), in line with the perceived or estimated value of a product [...]