Friday, 2 November 2018

Autumn Budget 2018


Welcome...

To Autumn Budget 2018, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.

If you need further assistance just let us know or you can send us a question for our 
Question and Answer Section.

We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We're here to help!
Autumn Budget 2018
· Summary
· Individuals
· Business
· VAT
· Indirect taxes
· Administration and other matters
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Friday, 19 October 2018

October 2018 Tax Tips & News


Welcome...

To October's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.

If you need further assistance just let us know or you can send us a question for our 
Question and Answer Section.

We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice in your own specific circumstances. We're here to help!
October 2018
· Class 2 NICs to remain
· Help-to-Save accounts go live
· VAT on holiday accommodation
· HMRC launch MTD campaign
· October questions and answers
· October key tax dates
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Friday, 21 September 2018

September 2018 Tax Tips & News


Welcome...

To September's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.

If you need further assistance just let us know or you can send us a question for our 
Question and Answer Section.

We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice in your own specific circumstances. We're here to help!
September 2018
· HMRC consult on BIK changes
· MTD research published
· VAT treatment of vouchers
· OTS proposals new online PAYE platform
· September questions and answers
· September key tax dates
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Thursday, 23 August 2018

DAILY TAX TIP: ISAs on Death

DAILY TAX TIP:

ISAs on Death

It is now possible for married couples to inherit each others cash in an ISA and keep the tax breaks on death. The surviving spouse will obtain a special ISA allowance, which will allow them to put the extra amount into their own ISA equal to the value of their dead spouse’s ISA.

Wednesday, 22 August 2018

DAILY TAX TIP: Timing your capital asset disposals

DAILY TAX TIP: 

Timing your capital asset disposals.

The rate of Capital Gains Tax you must pay is linked to the amount of income you receive in the tax year. You may be able to reduce your capital gains tax by making sure that any gains you have (from investment property sales, share sales etc) fall into a tax year in which you have a lower level of income.

DAILY TAX TIP: Lifetime Pension Allowance.

DAILY TAX TIP: 

Lifetime Pension Allowance.

The maximum amount of money you can accumulate in a pension is called the lifetime allowance. Any excess over the limit is taxed at 55% if the excess savings are taken as a lump sum and 25% if taken as taxable income. The lifetime allowance is currently £1,030,000 for 2018/19.


#TaxTips #Accountants #WestonsuperMare #Worle

Tuesday, 21 August 2018

DAILY TAX TIP: Rent a Room Scheme.

DAILY TAX TIP: 

Rent a Room Scheme.

Rent-a-room relief applies to income from letting out a part of your own home. Income of up to £7,500 is completely exempt from income tax under this scheme.