Structures and Buildings Allowance (SBA)
Structures and Buildings Allowance (SBA): At a glance The Structures and Buildings allowance (SBA) was announced in the Budget 2018 and applies to qualifying expenditure incurred on or after 29th [...]
Blog > Category > Budgets And Hmrc Notices
Substantial rumour or substantiated fact change to pension relief
Substantial rumour or substantiated fact: is Osborne about to axe generous pension tax breaks? There are rumours, reliable ones, that on 16 March 2016, when Chancellor George Osborne lays out his [...]
State Pension top ups deadline
State Pension – top-ups, is it worth it? From 12 October 2015, pensioners can boost their annual income by increasing their state pension with a state pension top-up. If you are [...]
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 [...]
Highlights of the Pre-election Spring Budget 2015
Is the final budget of the current parliament just a lot of electioneering with a couple of sweeteners thrown in for good measure for SMEs, hard-working taxpayers, pensioners and savers? Income [...]
HMRC Dispensation Service
What is dispensation? A dispensation is a notice from HMRC that means you no longer need to report expenses and benefits to them at the end of the year. With Dispensation there is no need to pay [...]
Abolition of 55% "Death Tax" on Pensions
Abolition of 55% "Death Tax" on Pensions Chancellor George Osborne announced at the Conservative Party conference in Birmingham that he will abolish the 55% tax currently payable on pension funds [...]
A Pot of Gold for Retirement. Pensions or Individual Saving Accounts (ISAs), which is best?
The need to save for retirement is being drummed home by government, encouraging the entire working population to change its attitude toward saving for old age by offering incentives. Contractors and [...]