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 When you reach the State Retirement Age (SRA) you stop paying Class 1 NIC contributions if you are employed, and Class 2 contributions if you

 Married couples and civil partners can gift each other assets and there will be no Inheritance Tax (IHT) charge on the lifetime gift as long

Our government have selected their top-ten tax changes that come into effect from 6 April 2016. Just in case you need a refresher they are:

The UK will bring forward plans to introduce a criminal offence for corporations who fail to stop their staff facilitating tax evasion, the Prime Minister

The AIA allows businesses to write off the full cost of qualifying expenditure and in recent years the amount allowed as a deduction for tax

 HM Revenue and Customs (HMRC) is urging people to renew their tax credits claim online and early before the 31 July deadline. When claimants renew

From 6 April 2016, if you’re a basic rate taxpayer you’ll be able to earn up to £1,000 in savings income tax-free. Higher rate taxpayers

HMRC has responded to the significant leak of information on the activities of individuals and companies that have availed themselves of the offshore advantages of

From 6 April 2016, farmers trading as sole traders or in partnership will be able to claim for an extended form of the popular “averaging”

 One of the surprising announcements in the recent budget was the easing of capital gains tax (CGT) rates.  From April 2016, the new rates published

From 1 April 2016, individuals who purchase additional residential properties, second homes or buy-to-let properties will pay an additional 3 percentage points above the existing

CGT rates have been significantly reduced from April 2016. The rates at which capital gains are taxed depend on where they would fall to be

Up to 5 April 2016, directors who overdrew their loan accounts in a company ran the risk of an additional 25% Corporation Tax charge if

In a further bid to encourage savings for a first property purchase, or retirement, a new ISA is being launched from April 2017 – the

1 April 2016 – Due date for Corporation Tax due for the year ended 30 June 2015.  19 April 2016 – PAYE and NIC deductions