AUTO-ENROLMENT AND SSAS
AUTO ENROLMENT Auto enrolment is a government initiative to help people save through a pension scheme, making it compulsory for employers to automatically enrol [...]
Blog
Get ready for Tax bill under IR35
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 [...]
Small Self Administered Scheme (SSAS)
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 [...]
Small Self-Administered Schemes (SSAS)
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 [...]
Director loan or Share capital when investing in the company
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 [...]
Buy to let investment is it end of the world ?
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 [...]
DNS Budget July 15
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 [...]
Auto Enrolment United Kingdom
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 [...]
Partnership Penalty
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 [...]
Director Redundancy
Directors can get up to £30,000 as a tax free statutory redundancy payment providing that they are also an employee of the company. To qualify as an employee of the company, you must have a CONTRACT [...]