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This quarter we deal with the Lifetime ISA. Although it is not scheduled to be introduced until April 2017, eligible individuals need to start considering whether the ISA will be a suitable vehicle for long term savings.
The National Living Wage is already having a significant impact on many employers and employees. We explain the differences in how the National Living Wage and the National Minimum Wage will be set in future years.
The use of social media in businesses has rocketed over the last few years as it is a great way to communicate with a wide audience. We summarise some advantages of using social media for business development.
Charities and some taxpayers should take note of a new Gift Aid form which emphasises the dangers, to some, of signing up to Gift Aid.
Two articles deal with different aspects of pensions:
Finally, we look at the longer term and a project of the Office of Tax Simplification reviewing the simplification of small company taxation. This may lead to a new type of business structure being made available to small businesses.
Please contact us if you have any questions regarding any of the articles we have included in our newsletter or if you would like further information on a topic we haven't covered. Your views are always important to us and we would welcome your feedback.
09 Jan 2022
On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm.
HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.
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