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Salary Accounts News

Pension tax report due imminently

14 Jan 20 A report on the tapered annual allowance is expected to be published ahead of the upcoming Budget on 11 March 2020. Prior

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Calculate Accounts News

11,000 retirees to lose £3,500 from their state pension

8 Jan 20 Thousands of retirees face being £3,500 worse off in retirement from April when extra payments to adult dependents come to an end.

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Money Accountant News

National living wage to rise by 6.2% for 2020/21

3 Jan 20 The hourly national living wage rate for over-25s will increase from £8.21 to £8.72 for 2020/21. The Low Pay Commission has published

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Calculate Accounts News

Businesses issue lukewarm election response

13 Dec 19 Business groups have called for clarity and direction, following the Conservatives’ resounding general election victory. Prime Minister Boris Johnson secured a 78-seat

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Accounts News

Call for a new approach to mortgage regulation

9 Dec 19 UK Finance, a body representing organisations in the finance and banking sector, has called for a more coordinated approach to housing policy

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Business Accountant News

Christmas payroll advice for employers

26 Nov 19 Employers that are planning to pay workers earlier than usual over Christmas can benefit from a temporary relaxation of real-time reporting of

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Money Accountant News

Conservatives promise to freeze main tax rates

25 Nov 19 The rates of income tax, national insurance and VAT will all be frozen in 2020/21, if Boris Johnson’s Conservative Party forms the

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Salary Accounts News

Landlords ‘prefer operating as limited companies’

8 Nov 19 Buy-to-let landlords prefer to purchase residential properties through a limited company, regardless of the size of their portfolio. Foundation Home Loans (FHL)

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Calculate Accounts News

Inflation boosts lifetime allowance

17 Oct 19 Retirees stand to benefit from a £20,000 boost to the lifetime allowance in 2020/21, according to official figures. The Office for National

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Accounts News

HMRC reveals MTD for VAT milestones

25 Sep 19 Almost three quarters (74%) of VAT-registered businesses in the UK signed up for Making Tax Digital (MTD) before the second stagger deadline

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