Blog & Latest News

Latest News

Rent-a-room tax break remains

Posted: May 17, 2019

HMRC’s rent-a-room scheme currently allows individuals to receive up to £7,500 of gross income from renting out spare rooms in their only or main home without a liability to tax arising. Broadly, as long as income is below the annual threshold, it does not need to be reported to HMRC. However, the emergence and growth […]

Share this article?

VAT Flat rate scheme

Posted: May 17, 2019

The VAT flat rate scheme (FRS) is used by many small businesses to help simplify their VAT reporting obligations, although some VAT experts would argue that the scheme is not simple to use. Broadly, the FRS is a simplified VAT accounting scheme for small businesses, which allows users to calculate VAT using a flat rate […]

Share this article?

Minimum workplace pension contributions rise

Posted: May 14, 2019

The minimum contributions employers and their staff must pay into their automatic enrolment workplace pension scheme increased with effect from 6 April 2019. From that date, the employer minimum contribution has risen from 2% to 3%, while the staff contribution also increased from 3% to 5%. As part of the ‘phasing’ process, the increases mean […]

Share this article?

Get in touch with us using the form or call 01522 686597

This form collects some of your personal details. For further information on how we protect your data please visit our privacy policy.

Tax Planning

We make the science of tax planning easy.

Helping you plan for the future and insuring that you or your business gets the best deal

Find out more