Pensions and ISAs
on 1 May 2014
with No Comments
An illustration of the differences between investing into an ISA and into a pension fund. A taxpayer invests £10,000 into … Read More
HMRC targets employees with second incomes
on 25 April 2014
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HMRC has launched a further campaign targeting tax evasion from workers with second incomes. This income could arise from one … Read More
ISA transfers
on 24 April 2014
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Moving money into new ISA accounts can count towards the annual limit for ISA investments. Action: when moving money between … Read More
Van drivers
on 24 April 2014
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It is possible for van drivers to take their vans home each night and still not be subject to a … Read More
SAYE limit increased
on 14 April 2014
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The monthly save-as-you-earn limit (SAYE) was increased from 6 April 2014 from £250 to £500.
Budget 2014 – Seed EIS
on 21 March 2014
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The Seed EIS (Enterprise Investment Scheme) was introduced in 2012/13 to provide tax relief for individuals investing in small start-up … Read More
Budget 2014 – Tax-free childcare scheme
on 21 March 2014
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This new scheme which starts in Autumn 2015 was originally announced in 2013 as being worth up to £1,200 per … Read More
Budget 2014 – VAT registration limit increased
on 21 March 2014
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The VAT registration limit has been increased by £2,000 to £81,000 from 1 April 2014. The de-registration limit also increased … Read More
Budget 2014 – R&D tax credit rate increased
on 21 March 2014
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Companies that are Small and Medium sized Enterprises (SMEs) carrying out qualifying Research and Development can currently claim a corporation … Read More
Budget 2014 – Corporation tax reductions
on 21 March 2014
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From April 2015 a single corporation tax rate of 20% will apply to all companies, regardless of their level of … Read More