We have a new Prime Minister and a new cabinet and on Wednesday 23 November the new Chancellor gave his first Autumn Statement. Below we have highlighted some of the salient points as it would affect you. IR35 and government contractors It was announced that the government will reform the off-payroll working rules in the…
You would have been sent a letter from us regarding Tax Fee Protection insurance. I have gone through some FAQs you might have on this below. You should also look at the policy wording and summary of cover pdfs available on https://bannerqdosdirect.qdosconsulting.com/home/tfp-insurance What is it? Every individual and limited company is at risk of an enquiry…
The changes in the dividend tax rates which come into effect from 6 April 2016 are widely known and publicised and we have written about this in our Summer Budget update. However, HMRC is at it again, this time looking into ‘Distributions in winding up’. After the crackdown in Capital Distributions under Extra-Statutory Concession C16 (ESC C16)…
George Osborne delivered his much anticipated Autumn Budget this week. As expected due to the decision to combine the Autumn Budget with the Governments ‘Comprehensive Spending Review’, some of the issues that are most important to you our clients were buried under a mire of facts, figures, percentages and the inevitable political rhetoric. The press…
The Conservative Party released their first Conservative only Budget in 19 years on 8 July 2015. This was a budget for working people and his message was clear – he wants to increase employment, make work pay and reduce the welfare bill. To support this approach, the Government will introduce a new National Living Wage…
Some of you would have already received letters from the Pensions Regulator on automatic enrolment of employees onto employer pension scheme. The legislation basically states that every employer with at least one member of staff must automatically enrol those who are eligible into a workplace pension scheme and contribute towards it. This is a huge…