Autumn Statement 2013 – Individuals
Income Tax Allowances The standard personal allowance will increase to £10,000 form 6 April 2014, but the age allowances for those born before 6 April…
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Autumn Statement 2013 – Business Taxes
Business Rates From April 2014 businesses will be able to spread the payment of their business rates over 12 months instead of 10. The increase…
Read MoreAutumn Statement 2013 – Employment
NIC Exemption for Young Employees From 6 April 2015 employers will not pay class 1 employer’s NICs on the wages of employees aged under 21,…
Read MoreVAT on fuel – All change for 2014
Please note, there has been an update to the VAT on fuel. Read more here. The VAT rules that apply where your business pays for…
Read MoreVAT Due Payment Date
When must your VAT payment reach HMRC? The correct answer is: seven days after the end of the month following the end of your VAT…
Read MoreEFRBS Settlement
If you have used an ‘EFRBS’ (employer financed retirement benefit scheme) since 2006, you should shortly expect to receive a letter from the Taxman. This…
Read MoreLoans to reduce IHT
Have you used a loan to reduce the inheritance tax (IHT) which may be due when you die? A common IHT planning technique has been…
Read MoreTownends giving training and job opportunities to young people
In a time of economic hardship and with a distinct lack of job opportunities for young people local firm, Townends, has given people in the…
Read MoreConsumer credit regulation is changing
On 1 April 2014 the Financial Conduct Authority (FCA) takes over from the Office of Fair Trading (OFT) as your new consumer credit regulator. That…
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