The Government announced a six-month extension to the Childcare Voucher (CCV) scheme following a Parliamentary Debate and Vote to keep Childcare Vouchers open to new entrants beyond April 2018. The deadline for new entrants to join the existing CCV scheme has been...
Pension Contributions Under the Pensions Act 2008, the minimum amounts that should be paid into automatic enrolment pension schemes will increase as planned – Date Effective Employer Minimum Contribution Staff Contribution Total Minimum Contribution 6th...
We constantly advise people who are completely sure that they will automatically be rewarded with a big pay off as a result of selling their company one day. They are also entirely sure that they will only suffer tax at 10% on the sale and they seem shocked when we...
With increasing competition, comes an increasing need to focus on efficiency and timely, informed decision making. Fully utilising computerised accounting systems is vital in achieving this. Designed for complete control when managing finances, Sage Accounts is fast,...
In recent budgets the government has been trying to align the taxation of foreign individuals with the UK tax system. Up to 5th April 2017 only 90% of a foreign pension or annuity payable received by a UK resident (except those claiming the remittance basis) was...
It was confirmed in the Autumn Statement that salary sacrifice schemes in respect of certain benefits would no longer be effective for tax and NIC purposes. However, the following benefits can continue to benefit from tax and NICs relief if provided through salary...
