Capital Gains Tax, Up Coming Changes To Private Residence Reliefs
The 2018 Budget contained alterations to two of the ancillary reliefs in Private Residence Reliefs, specifically those that give relief on property that was rented during the period of ownership and also on gains made in the final duration of ownership, no matter the occupancy. With effect from April 2020, lettings relief will be changed […]
Continue readingBudget 2018 Summaries
Philip Hammond the Chancellor of the Exchequer has delivered his 2018 Autumn Budget – his last budget before the UK exits the European Union. As the final leg of Brexit negotiations approaches, it was unclear if the chancellor was going to use the Budget as a tool to make some political or economic statements. Mr […]
Continue readingAvoid National Minimum Wage Naming & Shaming
The national minimum wage is the minimum wage that most workers are entitled to by law. For an employer, failure to pay your workers the national minimum wage can be expensive if you are caught by HM Revenue & Customs investigators. Consequently, it is important that businesses are aware of the rules governing the national […]
Continue readingState Pension Top Up Scheme
Not many people know this, but you can use the state pension top up scheme to increase your pension from between £1 and £ £25 a week depending on how much you pay in and your date of birth. The good thing about this scheme is that the increase in the state pension that you […]
Continue readingThe Tax Free Child Care Scheme
Lately, I’ve been getting a lot of questions about the new “tax-free childcare” (TFC) scheme. For anyone interested, here are the top ten things to know about the tax free child care scheme. Top ten things to know about the new Tax–Free Childcare … http://www.exchangeaccountants.com Sat, 11 Jul 2015 17:00:00 -0700 The government has published […]
Continue reading