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In an effort to streamline and simplify the administration of the Self Assessment tax system HMRC is planning to open digital accounts for fifty million taxpayers by 2020. When completed, these taxpayers…

There were a number of changes to promote savings in the Budget. The main changes are set out below:

• Help to Buy ISA

From autumn 2015, a new ISA is…

The new flexibility, that certain pension pot holders can avail themselves from 6 April 2015, offers more opportunity regarding the funds they have saved. Once you reach minimum pension age, normally…

The National Minimum Wage rates from 1 October 2015, as recommended by the Low Pay Commission. (LPC) will be:

• a 20p (3%) increase in the adult rate (from £6.50 to £6.70 per hour)
• a…

 1 April 2015 - Due date for Corporation Tax due for the year ended 30 June 2014.

 19 April 2015 - PAYE and NIC deductions due for month ended 5 April 2015. (If you pay your tax electronically…