Pension Schemes for Auto Enrolment
Posted on Monday, October 19th, 2015
The Pensions Regulator (TPR) has published some guidance aimed at the 1.3 million small and micro employers who are preparing for pensions auto enrolment. The guidance aims to help employers find a good quality pension scheme. TPR... Read Full Article...
Tax-Free Childcare to launch in 2017 following court ruling
Posted on Monday, October 19th, 2015
The government has welcomed a judgment from the Supreme Court that found the proposals for delivering Tax-Free Childcare to be lawful. The new Tax-Free Childcare Scheme was being challenged by some of the providers of the childcare... Read Full Article...
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Changes for ‘Buy to Let’ Landlords
Posted on Sunday, July 19th, 2015
It was announced in the Budget that the government will restrict the amount of income tax relief landlords can claim on residential property mortgage interest costs to the basic rate of income tax. This means that landlords... Read Full Article...
Annual Investment Allowance certainty
Posted on Sunday, July 19th, 2015
The Chancellor announced that Annual Investment Allowance will be set permanently at £200,000 from 1 January 2016 providing certainty for businesses. The AIA provides a 100% deduction for the cost of most plant and machinery (not cars)... Read Full Article...
The family home and IHT
Posted on Sunday, July 19th, 2015
The government has announced the introduction of a new transferrable nil rate band for the family home. The additional band will apply where a residence is passed on death to direct descendants such as a child or... Read Full Article...
Claiming the marriage allowance
Posted on Sunday, July 19th, 2015
The Low Incomes Tax Reform Group published updated guidance on how to apply for the new transferable personal allowance, known as the marriage allowance, for married couples and civil partners which came into effect on 6 April... Read Full Article...
65+ Guaranteed Growth Bonds a success
Posted on Monday, June 8th, 2015
HM Treasury has announced that the National Savings and Investments 65+ Guaranteed Growth Bonds have been bought by more than a million older savers, who made total investments of over £13 billion. These investment figures make the... Read Full Article...
Warning over pension scams
Posted on Monday, June 1st, 2015
Those approaching retirement are being urged to be aware of a rise in pension scams, as criminals seek new ways to defraud pensioners. Savers have been urged to be aware of a rise in pension scams, as... Read Full Article...
TPR guidance for small employers with no ‘staff’
Posted on Monday, June 1st, 2015
The Pensions Regulator (TPR) has updated its guidance on pensions auto enrolment including what businesses need to do when they have no workers. If you would like help with auto enrolment please do get in touch. Internet... Read Full Article...
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Starting rate of tax for savings income
Posted on Monday, June 1st, 2015
From 6 April 2015, the maximum amount of an eligible individual’s savings income that can qualify for the starting rate of tax for savings will be increased from £2,880 to £5,000, and this starting rate will be... Read Full Article...