Making Tax Digital Delayed until 2020

Making Tax Digital Delayed until 2020

The Treasury have delivered what is potentially good news for many (yes, you have read that correctly).  Making Tax Digital, or MTD to give it its affectionate moniker, has been both delayed and reduced in terms of requirement. For businesses that are VAT registered,...
Proposed NIC rise has been dropped!

Proposed NIC rise has been dropped!

As mentioned in the recent Budget, the Chancellor had intended to increase the Class 4 National Insurance Contributions (NIC). The NI rate for the self-employed (Class 4) was meant to increase from 9% to 10% in April 2018, followed by another rise to 11% in April...
National Insurance Contributions Top Up Scheme

National Insurance Contributions Top Up Scheme

Those people who reach state pension age prior to 6 April 2016 are being offered the chance to make voluntary national insurance contributions to boost their state pension. The contributions are known as class 3A and the scheme through which the contributions will be...
It’s Not Too Late To Claim Your Employment Allowance

It’s Not Too Late To Claim Your Employment Allowance

As the beginning of the new tax year is now well underway, we would like to take the opportunity to remind people of a government incentive to save up to £2000 on your PAYE bill. Since April 2014, employers have been able to claim £2000 off their Employer’s National...