16th March 2020
Budget Highlights – Income Tax Rates and Allowances
As the Conservative Party manifesto had promised no increase in the rate of income tax it was not surprising that…
16th March 2020
Budget Highlights – New VAT Zero Rates
Two new groups of product will qualify for the zero rate of VAT as a result of this Budget.From 1…
16th March 2020
Budget Highlights – Relief from Business Rates
Some businesses struggle to pay business rates because the tax is payable whether or not they have made a profit.Small…
16th March 2020
Budget Highlights – Car and Van Benefits
To encourage companies to use electric cars the method of calculating the taxable benefit of company cars is changing for…
16th March 2020
Budget Highlights – Entrepreneurs’ Relief Capped
Capital gains qualifying for entrepreneurs' relief (ER) are taxed at 10% rather than the standard 20% for higher rate taxpayers.This…
16th March 2020
Budget Highlights – NIC Allowance
There were two measures in the Budget to help employers with the cost of paying Class 1 national insurance contributions…
16th March 2020
Budget Highlights – SSP
This Budget was dominated by Covid-19 as the Chancellor announced several measures to help businesses cope with the challenges presented…
9th March 2020
Employee travel expenses
Employees travelling on business need to eat. Keeping track of expense claims for meals taken whilst working away from the…
2nd March 2020
Off-Payroll working rules
The application of the IR35 rules is due to change for many contracts performed in private sector organisations from 6…
2nd March 2020
Healthy staff are happy staff
It pays to look after your staff, including ensuring they get necessary treatment for injuries incurred whilst working. However if…
