April 1st auto-enrolment deadline

Mar 03, 2014

For employers with between 50 and 249 employees auto-enrolment of employees into a pension scheme starts 1 April 2014. Smaller employers, under 50 employees, will need auto-enrol on a staged basis…

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Expected tax changes in the Budget 2014

Mar 03, 2014

The government has already published certain draft clauses for the Finance Bill 2014. We have listed below some of the more topical changes disclosed.

 Changes for the tax year 2014-15:

 Personal…

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Compensation for flood victims

Mar 03, 2014

The following announcements were posted to the GOV.UK website last month. They provide details of some of the compensation being offered to businesses affected by last month’s flooding across the…

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Entrepreneurs' Relief

Mar 03, 2014

Having spent many years building a business, entrepreneurs can still look forward to a maximum tax hit of just 10% when they sell their business, as long as they have organised their business affairs…

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VAT Flat Rate Scheme

Mar 03, 2014

This scheme can be beneficial for businesses that have a low proportion of costs that include a VAT input tax charge, and their business turnover, excluding VAT, does not exceed £150,000.

One…

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Tax Diary March/April 2014

Mar 03, 2014

 1 March 2014 – Self Assessment tax for 2012/13 paid after this date will incur a 5% surcharge.

 1 March 2014 - Due date for Corporation Tax due for the year ended 31 May 2013.

 19…

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