Expenses and benefits deadline looms
Expenses and benefits not payrolled for the 2016/17 tax year will need to be reported to HMRC by 6 July 2017. Employers can report them… Read More »Expenses and benefits deadline looms
Umar Memon
Personal Tax Planning
How individuals and families can save taxes in 2017/18.The UK tax system provides reliefs and allowances to encourage you to spend or invest in certain… Read More »Personal Tax Planning
Gender pay gap reporting becomes law
Employers with more than 250 staff are now required by law to report gender pay gaps, following the introduction of new legislation. Employers must publish… Read More »Gender pay gap reporting becomes law
Improving Cashflow
A guide to maintaining a healthy balance between money coming in and out of your business. If your business does not have a steady stream… Read More »Improving Cashflow
Employee Benefits
A guide for employees on the tax implications of accepting common employee benefits. Most employers provide a range of benefits in kind to their employees.… Read More »Employee Benefits
Interest Free Loans
It is common for owner managed businesses to receive loans either from the owner/director (Director’s Loan Accounts) or from related companies with common ownership. It… Read More »Interest Free Loans
Making Tax Digital
The income tax system as we have known it for the last 20 years is about to change dramatically. From April 2018 businesses whose turnover… Read More »Making Tax Digital
Tax Card 2017/18
Tax Card 2017/18 Taxable Income Bandes and Tax Rates 2017/18 2016/17 Starting rate of 0% on savings up to £5,000* £5,000* Basic rate band… Read More »Tax Card 2017/18
Spring Budget 2017
Introduction Chancellor Philip Hammond described his first and last Spring Budget as one that “takes forward our plan to prepare Britain for a brighter future”.… Read More »Spring Budget 2017
Firms Prepare for Making Tax Digital…
Businesses will be given at least 12 months to prepare for the transition to digital tax accounts. Businesses, self-employed people and landlords will need to… Read More »Firms Prepare for Making Tax Digital…