Archive for February, 2016

Pension Tax Planning 2016 – time to act!

Posted by Ian Saunders on

From 6 April 2016 high earners will see their tax relief for pension contributions restricted. Action needs to be taken now to maximise pension contributions. What is happening? Tax breaks for pension contributions are about to be hit, and ...

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Property VAT pitfalls – 4

Posted by Robert Bailey on

Five ways to lose a fortune in VAT This is the fourth in a series of five blogs describing some of the VAT problems that can arise in property transactions, this blog describes another simple and common error which may result in a big VAT ...

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Epayslips – The Benefits

Posted by Lee Hellingsworth on

We have an ever increasing number of our payroll service clients taking advantage of our on-line Epayslip delivery option. The following link provides a demonstration on our web based Epayslip functionality, both from an employee and an ...

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New National Living Wage

Posted by Lee Hellingsworth on

In April 2016 the Government’s new National Living Wage will become law. If you’re working and aged 25 or over and not in the first year of an apprenticeship, you’ll be legally entitled to at least £7.20 per hour. That’s an extra fifty pence per ...

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Dividends to break PAYE code

Posted by Will Hanbury on

Business owner/directors may be alarmed when they receive their PAYE codes for 2016/17, as an estimate for dividend income may have been included to accelerate tax payable to HM Revenue & Customs (HMRC). From 6 April 2016 dividend income ...

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Robert Bailey of Bishop Fleming Chartered Accountants

Property VAT pitfalls – 3

Posted by Robert Bailey on

Five ways to lose a fortune in property VAT This is the third in the series of blogs describing some of the VAT problems that can arise in property transactions – simple and common errors which, given the size of the transaction, can give rise ...

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Hard core of personal debt continues

Posted by Jonathan Williams on

Despite falling numbers of those with personal debt problems, a hard core one third of British adults continue to struggle with high levels of debt. Of 2,000 adults surveyed in January this year just over one in three said they continue to ...

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