Why Owner-Directors should Start a Small Self Administered Scheme (SSAS) In July, the chancellor introduced changes to UK pension and tax rules that will affect many business owners and directors. [...]
AUTO ENROLMENT Auto enrolment is a government initiative to help people save through a pension scheme, making it compulsory for employers to automatically enrol [...]
Contractors, are you ready to allow your client to become responsible for your tax bill under IR35? As the Chancellor announced in his budget statement recently, in its battle against "disguised [...]
What is a SSAS? A Small Self Administered Scheme (SSAS) is a pension trust set up by a limited company or a partnership. SSASs are primarily set up by private and family run limited companies for [...]
Why SSAS? For a number of years now Small Self-Administered Schemes (SSAS) have been seen as a poor relation to Self- Invested Personal Pensions (SIPP) on the grounds that they are more expensive [...]
Is investing in share capital rather than a loan to the directors' current account more tax efficient? Since 2008, investing money in the form of shares rather than loaning money to the company [...]
Why did the Chancellor lower the tax-relief for buy-to-let investors and is it still tax efficient to invest in buy-to-let property? Buy-to-let investors are able to claim tax relief on their [...]
The Chancellor’s Budget Statement Rests Mainly on Economic Security This is the chancellor’s seventh budget announcement but his first as Chancellor of a conservative majority government. While [...]
Guide on Automatic enrolment for employers National Workplace Pensions Are Coming Soon, Ready or Not So far, in the first quarter of 2015, 192 ‘fixed penalty’ notices of £400 apiece have [...]
Who is Eligible to Appeal the Penalty for a Business Partnership’s Late Tax Return? The recent case of the student Jack Dyson, whose appeal against an HMRC penalty was heard at a Tribunal raises [...]