There will be special occasions at work when Employers provide expenses or benefits to employees and directors. Examples of what you can do to treat yourself and your employees are as follows: Providing it is not cash, the gift itself could be anything, providing the cost is below £50 per … [Read more...]
IMPORTANT DATES
01 September Corporation Tax for year to 30 November 2016 19 September PAYE & NIC deductions and CIS return and tax, for month to 5 September 2017 (due 22 September if you pay electronically) 1 October Corporation tax for year to 31/12/16 5 October … [Read more...]
Facts on Auto Enrolment
Did you know that all employers now have to put their workers into a pension scheme if they earn over £10,000 per year, are aged 22 or over and are under state pension age. This is the law, because the government wants to get more people to have another income in addition to the state pension whey … [Read more...]
New Advert
Please take a look at our new Advert. Featured in the local village Gazette Your first consultation is free. Be lovely to meet you over a cup of tea. Looking forward t hearing from you. … [Read more...]
How you can help us with Academy Schools
So if your children go to a school or Academy school you are already in a position to find referral work for us. Find out if the school has a PTA committee and if so, have you joined the PTA? if not maybe think about joining one as you can put your views and concerns to the group … [Read more...]
Benefits of the Academy Status
Did you know that academies are independent, state-funded schools and receive funding directly from central government, other than local authorities. Again, the school run by the head teacher/principal, but they are overseen by individual charitable bodies called academy trusts and may be part of … [Read more...]
HMRC Tax Investigations are on the increase
Investigation Fee Protection Insurance We have been hearing for a while from HM Revenue and Customs about their plans to target tax investigations as a priority. Due to the random nature of how some of these are selected, it is impossible to guarantee that anyone can avoid being subjected to such … [Read more...]
Summary of Budget 2017
In his first Budget on 8th March 2017, the new Chancellor Phillip Hammond announces the following:- Tax 2% National Insurance rise for self employed workers by 2019. Tax free Dividend allowance on shares cut from £5,000 to £2,000 The Income tax personal allowance will rise to … [Read more...]
Buying A Company with Losses
The new flexible loss relief rules coming into effect from 1 April 2017, will make the purchase of a loss making company attractive. For many years there has been anti-avoidance to block the use of such losses and it is proposed that these rules will continue to apply. The draft clauses in … [Read more...]
Almost half of Academies in England Lack Funding
Some facts and figures that academies do not have enough funding to cover their annual expenditure, according to figures revealed by ministers. Figures show for 2014-15 that 53% of stand alone academies were recorded as having "spent more than their income per year", up from 42% in the previous … [Read more...]