Archive: December, 2015

07

Dec2015

Autumn Statement 2015

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Autumn Statement 2015 The autumn statement that was released on the 25th November outlined the following future changes to laws and regulations. Tax credits and Tax free childcare Tax credits The rate at which a claimant’s award is reduced as each pound of their income exceeds the income threshold ... Read More
7th December 2015Dorota Cukierska

07

Dec2015
July 2015 Budget The following article outlines the changes to property income as discussed in the July 2015 budget, and how these changes will affect you are your businesses. Changes to property Rent a Room Relief Rent a room relief is available to householders who rent room(s) in ... Read More
7th December 2015Dorota Cukierska

07

Dec2015

Salary Sacrifice

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The following article outlines the salary sacrifice scheme in which one can sacrifice part of their salary for a material payment. The tax can be reduced or completely exempt on certain benefits. Salary Sacrifice A salary sacrifice is an agreement between an employer and an employee to ... Read More
7th December 2015Dorota Cukierska

07

Dec2015

Company Cars and Fuel

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In this article we will be discussing the benefits and limitations of a Limited company purchasing a car in the businesses name, and we will outline in which situations it would be most beneficial for taxation purposes and in which situations there would be drawbacks. As an ... Read More
7th December 2015Dorota Cukierska