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Blog

Posts Tagged ‘tax’

Tax Cuts for Limited Companies

A piece of good news has arisen as a result of the vote to leave the European Union. George Osborne has promised to cut corporation tax in order to continue encouraging business investment. As part of his plan to build a “super-competitive economy” the likelihood is that the chancellor will reduce corporation tax by 5%[...] Read more »

Now that the dust has settled on the Budget 2015…

What does it actually mean for individuals? The Minimum Wage The current rate for people over 21 is £6.50 p/h.  The new rate in 2016 will be the ‘living wage’ for those over 25 and will be set at £7.20 from April 2016 rising to £9.00 by 2020. At this stage it is unclear how[...] Read more »

Extension of tax return date in some circumstances

The following news item has been put up on the Tolley Tax Intelligence website regarding an extension of the tax return deadline. “Filing extension for those submitting a 2012/13 Tax Return using free HMRC software Anyone who has ever used the free HMRC software to file, or help a friend or family member to file,[...] Read more »