Budget 2014 – Tax-free childcare scheme
on 21 March 2014
with No Comments
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
with No Comments
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
with No Comments
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
with No Comments
From April 2015 a single corporation tax rate of 20% will apply to all companies, regardless of their level of … Read More
Budget 2014 – More good news for savers
on 21 March 2014
with No Comments
The 10% starting rate will apply to the first £2,880 of savings income for 2014/15, however this rate will be … Read More
Budget 2014 – New flexible pensions
on 21 March 2014
with No Comments
There are significant changes being proposed which will make it easier to access your pension fund pot if you have … Read More
Budget 2014 – Capital taxes
on 21 March 2014
with No Comments
As previously stated on this blog, capital gains tax reliefs were always planned to be introduced in Budget 2014. The … Read More
Budget 2014 – Important changes to ISAs
on 21 March 2014
with No Comments
In order to encourage savers, the current £11,520 ISA limit is to be significantly increased to £15,000. This will come … Read More
Budget 2014 – Personal Allowances
on 21 March 2014
with No Comments
Personal allowances remain fixed for 2014/15 at £10,000, the much promised level included in the Coalition Agreement. However the Budget … Read More
Due dates in May 2014
on 21 March 2014
with No Comments
1 May – Corporation tax for year to 31 July 2013. 19 May – PAYE & NIC deductions, and CIS … Read More