ACCA Archives - Page 154 of 195 - Whitefield Tax - Isle of Wight Accountants

VAT flat rate scheme: revised HMRC guidance

by Jessica Garbett | Jun 9, 2016 | ACCA, VAT

An update to VAT Notice 733 ‘Flat rate scheme for small businesses’ was issued on 4 May 2016. According to HMRC the purpose of this was to ‘make the notice more suitable for publication on GOV.UK’. The update includes some minor amendments to various paragraphs....

Employers are hearing Workie’s message – now what should they do?

by Jessica Garbett | Jun 6, 2016 | ACCA, pension reform

Many employers will have seen the large character Workie – calling on them not to ignore the workplace pension. They may now be wondering what to do next and what automatic enrolment will cost them. The good news is that recent research by The Pensions Regulator...

Your view: tax coding notice

by Jessica Garbett | Jun 2, 2016 | ACCA, HMRC, personal taxatation

HMRC is seeking your comments on an early draft of Tax Coding Notice (P2). After digesting the information below and also elsewhere online, do you feel it provides sufficient detail for you or your clients to be useful? HMRC says ‘The HMRC Personal Tax Account...

Budget 2016: Micro entrepreneurs’ annual allowance

by Jessica Garbett | May 31, 2016 | ACCA, budget, business taxation, HMRC, personal taxatation

The March 2016 Budget announced that from April 2017 two new allowances of £1,000 each would be introduced for property and trading income. Individuals with property income or trading income below the level of the allowance will no longer need to declare or pay tax on...

New state pension: what the changes mean for you

by Jessica Garbett | May 26, 2016 | ACCA, pension reform, pensions, personal finance

The Department for Work and Pensions introduces the new state pension. The new state pension has been introduced for people who reach state pension age on or after 6 April 2016. You’ll be able to claim the new state pension if you reach state pension age on or after 6...

Budget 2016: Finance Bill and directors’ loans

by Jessica Garbett | May 24, 2016 | ACCA, budget, business taxation, personal taxatation

The rate of tax charged on directors’ overdrawn loans has increased to 32.5%. A reminder that from 6 April 2016 the rate of tax charged on loans to participators increased to 32.5%. The new rates apply to loans made and benefits conferred by close companies on or...

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Next Entries »

VAT flat rate scheme: revised HMRC guidance

Employers are hearing Workie’s message – now what should they do?

Your view: tax coding notice

Budget 2016: Micro entrepreneurs’ annual allowance

New state pension: what the changes mean for you

Budget 2016: Finance Bill and directors’ loans

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