Home owners may be caught by stamp duty increase
From 1 April 2016, buyers of residential property that is not to be their main residence in England, Wales and Northern Ireland, will be liable
From 1 April 2016, buyers of residential property that is not to be their main residence in England, Wales and Northern Ireland, will be liable
Business Secretary, Sajid Javid, has announced plans to look into employment rules that could be stifling British entrepreneurship by preventing employees from starting up their
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:
Under new rules, initially announced in the 2015 Budget, farmers will be able to average their profits for Income Tax purposes from two years to
19 May 2016 – PAYE and NIC deductions due for month ended 5 May 2016. (If you pay your tax electronically the due date is
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