Category Archives: Personal tax
State 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 readingNew Changes To National Insurance Contribution
As from 6 April 2015 the processing of class 2 national insurance contribution in the UK will change. As a result for these changes the way in which the class 2 National Insurance Contribution is paid and collected will be altered. This post from Pwc explains quite clearly what these changes are and how it […]
Continue readingAuto Enrolment, Do You Know What it is?
Most people have heard the word auto enrolment but from what I gather quite a large proportion of individuals know very little about it. If you run a business or are employed by a business in the UK, it is in your best interest to understand what it is, if and how it affects you […]
Continue readingDon’t Get Caught By HM Revenue & Customs Let Property Campaign
HM Revenue & Customs started in September 2013 to target those who receive rental income without a declaration for income tax purposes on the grounds that the treasury was loosing an estimated £550M a year in tax revenue. As a result, it is unwise to be in receipt of rental income and not declare such […]
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