Budget summary: Spring edition 2016
Allowances and Tax Bands: In 2017/18 the personal allowance will be £11,500 and the basic rate limit will be increased to £33,500. As a result,...
HMRC’s new powers to demand tax
New rules are being introduced to allow HMRC to issue enforceable tax assessments. The new rules say that HMRC can base the new type of...
Dividends
The new dividend tax regime is coming into force from 6 April 2016. The widely held opinion is that incorporation will still be more tax efficient...
Investments
If you have money to invest you could go for one of the government’s tax advantaged schemes like ISA or Enterrprise Investment Scheme or Venture...
CIS Returns
If you are registered as a contarctor for the purposes of HMRC’s Construction Industry Scheme ( CIS ), you must submit a report each month...