News and the latest developments at HMRC

Making Tax Digital

Overview Over the past few years the government has been setting out its plans to transform the tax system, known as Making Tax Digital (MTD). The proposals introduce digital record keeping and quarterly updating to

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Privacy Policy

We have now inserted a link through to our privacy policy at the foot of every page on our web site.

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Dividend Tax Changes – Reminder

For those of you running your business through a Limited Company, just a reminder that the new tax on dividends starts on 6.4.16. Each person will receive a tax free allowance of £5000 for dividends.

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Chancellors Budget 16th March 2016

Tax year 2016/17 Income Tax Tax rates are: 0% between £0 and £11000 20% between £11000 and £43000 40% between £43000 and £150000 45% above £150000 Personal allowance is £11000 for everyone. Note 1 –

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Dividend Tax Changes

As announced in the budget on 8th July 2015 changes to the way dividends are taxed will be introduced from 6 April 2016. The old system of the dividend tax credit will be abolished and

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The Second Budget 2015

On 8th July 2015 the Chancellor presented his first budget of this Parliament. Business Tax Corporation Tax will be reduced by 1% to 19% for the years beginning on 1.4.17, 1.4.18 and 1.4.19. A further

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