1 October 2015 sees the new national minimum wage and worth noting that it’s the largest increase to the national minimum wage since 2007.
In the summer budget the government announced new rules to come into effect from 6 April 2016.
This will likely mean a increase in tax for and small business paying dividends including contractors………….
Cars don’t qualify for the annual investment allowance, however for several years it has been possible to claim a 100% first year allowance (FYA) on low CO2 emission cars.
Flat rate scheme guide. The Flat rate VAT scheme was provided to try to help simplify tax for small business owners.
These are the tax deadlines in September 2014
Important tax dates for August 2014
Auto enrolment will likely result in either additional cost and/or additional administration time.
HMRC are offering FREE on-line tutorials to help landlords understand when and how to pay tax on let properties.
There are a number of VAT codes within sage and sometimes this can cause confusion about when they should be used so we though a quick guide was in order. These are the recommendations for the standard VAT codes within sage.
We are often asked is, can I reclaim VAT on mileage payments?
The answer is yes, but only on the fuel element….