By Tom Maxwell In Blog, Treasury UpdatesPosted 08/03/2017 Budget 2017 – The last Spring Budget? The last Spring budget? Mr Hammond opened his budget speech by declaring that his “last Spring budget” was not the first! Apparently Norman Lamont presented the first “last Spring Budget” 24 [...] 0 Read More
By Tom Maxwell In Blog, Treasury UpdatesPosted 08/03/2017 Budget 2017 – Business Rates Budget changes to soften the impact of 2017 rates revaluation Many businesses are dreading the impact of the five yearly revaluation which will take effect in April 2017. Details of a [...] 0 Read More
By Tom Maxwell In Blog, Treasury UpdatesPosted 08/03/2017 Budget 2017 – NICS for the self-employed Big changes planned for NICs payable by the self-employed Mr Hammond was keen to point out that the self-employed are paying less in NIC than the employed, a fact which he described as unfair. [...] 0 Read More
By Tom Maxwell In Blog, Treasury UpdatesPosted 08/03/2017 Budget 2017 – R&D tax relief is safe! Research & Development Tax Relief is Safe! Many businesses have been concerned that the economic impact of Brexit might have a detrimental effect on the enhanced tax relief and tax credits [...] 0 Read More
By Tom Maxwell In BlogPosted 08/03/2017 Making Tax Digital – for Partners and Partnerships In August 2016, the government published their proposals on how businesses will maintain their accounting records for tax purposes in the future and also how businesses will report their profits [...] 0 Read More
By Tom Maxwell In BlogPosted 08/03/2017 Making Tax Digital – for the Self-employed In August 2016, the government published their proposals on how businesses will maintain their accounting records for tax purposes in the future and also how businesses will report their profits [...] 0 Read More
By Tom Maxwell In BlogPosted 08/03/2017 Making Tax Digital – for Landlords In August 2016, the government published their proposals on how businesses will maintain their accounting records for tax purposes in the future and also how businesses will report their profits [...] 0 Read More
By Tom Maxwell In BlogPosted 08/03/2017 March 2017 Tax Tips & News Welcome to March’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. If you need any further assistance just let us know. [...] 0 Read More
By Tom Maxwell In BlogPosted 23/02/2017 The New Residence Nil-Rate Band – Too Good to be True? In the summer of 2015, George Osborne announced a new inheritance tax allowance relating specifically to property. The “Residence Nil Rate Band’s” aim is to reduce the potential inheritance tax [...] 0 Read More
By Tom Maxwell In BlogPosted 16/02/2017 Salary Sacrifice – Wounded not Slain Salary sacrifice is when you agree to give up part of your salary in return for non-cash benefits. The first known case of this in practice was a voluntary car loan scheme set up in 1954 by John [...] 0 Read More