Business

Stamp duty slashed on purchases up to £500,000 The government has raised the stamp duty threshold in England and Northern Ireland to £500,000 until 31 March 2021. Previously, stamp duty …

Stamp Duty Cut Read More »

The coding threshold entitles taxpayers to have tax underpayments collected via their tax code, provided they are in employment or in receipt of a UK-based pension. The coding process applies …

Coding out debts Read More »

The minimum contributions you and your staff pay into your automatic enrolment workplace pension scheme will increase from 06 April 2019. This is also sometimes known as phasing. It is your …

Minimum Pension Contribution due to rise again Read More »

Although the government is continually clamping down on non-taxable payment and benefits for employees, there remains an eclectic list of expenses that are tax exempt. Some of the non-taxable benefits …

Non-taxable payments and benefits Read More »

There are various tax consequences involved when employees are provided with company vans and fuel. A company van can be described as a van made available to an employee by …

Company Van Use Read More »

Dividend allowance cut from £5,000 to £2,000 From 6 April, the tax-free dividend allowance will be cut from £5,000 to £2,000, this was introduced in the 2017 Budget. The move …

Dividend Allowance Read More »

10 steps to take now 1 – Awareness You should make sure that decision makers and key people in your organisation are aware that the law is changing to the …

Preparing for the General Data Protection (GDPR) Read More »

THE DIFFERENCES BETWEEN A SOLE TRADER AND A LIMITED COMPANY This document should help you answer some important questions, including; “what is a sole trader business?” and “what is a …

SOLE TRADER VS LIMITED COMPANY Read More »