by MAS | May 8, 2019 | childcare, HMRC, Tax, tax free childcare
The substantial increase in the higher rate threshold to £50,000 is good news for many taxpayers. However, that same figure is the point at which child benefit starts being clawed back and there has been no increase in that threshold since the High Income Child...
by MAS | May 6, 2019 | Business advice, Financial news
The start of the new tax year means that shareholder/ directors may want to review the salary and dividend mix for 2019/20. The £3,000 employment allowance continues to be available to set against the employers national insurance contribution (NIC) liability which...
by MAS | May 3, 2019 | Business advice, Financial news
The cost of running a business goes up every year, but when was the last time you increased your prices? Many business owners and managers worry that if they were to increase prices, they would lose customers.However, a customer will often be willing to pay a higher...
by MAS | May 1, 2019 | HMRC, Making Tax Digital, MTD, Tax, VAT
Making Tax Digital for VAT took effect on 1 April 2019, but only 17% of businesses required to submit digital returns had enrolled by this date. How much time do you have to enrol if you haven’t done so already? VAT periods. The first quarterly VAT period that is...