Dividend Tax Update 2016
From April 2016 the Dividend Tax Credit will be replaced by a new tax-free Dividend Allowance. This simpler system will mean that only those with significant dividend income will pay more tax.
Grant Treatments for Tax
Grants received by CICs and other social enterprises are not automatically treated as tax free or exempt. It is essential to establish the nature of the grant for corporation tax and VAT purpose.
Pensions Auto Enrolment
The law on workplace pensions has changed. Every employer with at least one member of staff now has new duties in relation to workplace pension schemes.
Budget 2016 : Key Changes
The 2016 budget was packed with a few surprises for schools with longer days from Sept 2017 and additional funding from April 2018 when the Sugar levy kicks in.