Author Archives: myersclark

The Chancellor has announced on 15 March that he would not be going ahead with his Budget proposal to increase the National Insurance Contribution rates for self-employed people.

Help, I’m an SME, what do I need to do to prepare for Making Tax Digital?

The Chancellor’s Budget on 8 March was the first of two due in 2017. The final spring Budget came little more than three months after an Autumn Statement that suggested government finances had taken a post-referendum turn for the worse.

The Chancellor of the Exchequer, Philip Hammond, delivered his first Budget against a backdrop of a more-buoyant-than-expected UK economy post-Brexit and improved tax receipts. We have summarised the Budget below, and will be providing a more detailed summary following our Budget Breakfast event on Friday 10th March.

In the Money section of Saturday’s Telegraph, an article shouted “Inheritance tax trap: more than 100,000 families won’t get the new tax break”! A little bit of scaremongering perhaps, but enough to wonder if you are one of those 100,000 families?

To use HMRC’s payrolling benefits in kind service for 2017/18, you need to register online before 5 April 2017.

We would like to thank everyone who attended our Herts IOD breakfast seminar this morning. Once again, the turnout and company was excellent, and the bacon rolls weren’t too bad either.

Chancellor Philip Hammond has come under fire following the announcement that business rates will be increased.

What is it? The Digital Tax Account (DTA) was introduced in the March 2015 Budget; HMRC is committed to abolish the humble tax return and transform the tax system as we know it to be the most digitally advanced in the world – it’s an audacious plan… Plans state the tax return will be abolished […]

Higher earners are now subject to tight limits on how much they can pay into tax-relieved pension schemes and it is essential to take care to avoid a substantial tax charge.