Creditors have their day in court

Oct 09, 2015

In a recent insolvency investigation Richard Price and Timothy Porter, both directors of Recruit Investments Limited, which headed up a group of businesses specialising in labour recruitment, have…

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Safeguarding your business ideas

Oct 06, 2015

You will have automatic copyright protection for writing and literary works, art, photography, films, TV, music, web content and sound recordings

‘Design right’ automatically protects your…

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Warning about cyber threat to UK businesses

Oct 01, 2015

UK businesses were recently warned about the growing risk of cyber attacks as Minister for the Digital Economy, Ed Vaizey, urged businesses across the country to protect themselves by taking up the…

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Salary v dividends conundrum

Oct 01, 2015

In the last two editions of this newsletter we have outlined the impact of the changes to the taxation of dividends that will commence 6 April 2016.

This month we want to continue to look…

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Personal Savings Allowance

Oct 01, 2015

From April 2016, you won’t have to pay tax on interest received up to £1,000 (if you are a standard rate taxpayer), or £500 if you pay tax at the higher rate.

Therefore, to be eligible for…

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Advisory fuel rates from 1 September 2015

Oct 01, 2015

 Changes to these rates from 1 September 2015 are:

  • Petrol: engine size 1400cc or less – 11p per mile
  • Petrol: engine size 1401cc to 2000cc – 14p per mile
  • Petrol:…

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Emerging markets in the EU

Oct 01, 2015

If you are considering, or already are, selling your products and services in the EU, you may want to read the following recent announcement published on the UK government website.

“Emerging…

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Tax Diary October/November 2015

Oct 01, 2015

 1 October 2015 - Due date for Corporation Tax due for the year ended 31 December 2014.

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

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HMRC considering changes to the way they charge penalties

Sep 29, 2015

Readers might be interested to know that HMRC have been consulting with various parties, including the accountancy profession, regarding the way in which they charge penalties to taxpayers who don’t…

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