The start of April brings changes to a number of tax rates and bands…     Allowances Personal Allowance – the personal tax free allowance for UK residents has increased to £11,850. Higher Rate Threshold – the higher rate tax threshold for UK residents has increased to £34,500 (£46,350 including personal allowance). Dividend Allowance Reductions –…

Date posted: April 19, 2018

  The government’s drive to digitise tax may not have the profile it needs according to a recent report. I’m sure you have heard of Making Tax Digital (MTD). It’s the initiative that, as HMRC puts it, “will help bring the tax system into the 21st century by providing businesses with a modern, streamlined system…

Date posted: April 12, 2018

I know I have mentioned it previously but I wanted to make sure you knew to inform any clients you have that minimum contributions increase from 06/04/2018 to 3% for employees and 2% for employers.   These increases are the new legal minimum payments that all employers are required to apply to their employee’s pensions….

Date posted: April 5, 2018