by AJN Accountants | Dec 1, 2023 | Advice, News, Tax Planning
HMRC has updated its Employment Income Manual to bring the guidance on charging electric company cars at home in line with the legislation. Until now, the guidance in the Employment Income Manual (EIM23900) has contradicted the legislation in advising that if an...
by AJN Accountants | Nov 29, 2023 | Advice, Business, Tax Planning
The Chancellor has announced cuts to national insurance contributions for self-employed taxpayers and employees.The headline news from the Autumn Statement was the reduction of primary Class 1 and Class 4 NIC and the removal of compulsory Class 2 NIC. The main rate of...
by AJN Accountants | Nov 13, 2023 | Advice, News
New fathers who are employees will benefit from greater flexibility when taking paternity leave from the start of the new tax year. Under current rules, new fathers who meet the eligibility criteria can take either one week or two consecutive weeks of paternity leave,...
by AJN Accountants | Oct 25, 2023 | Advice, Business, Tax Planning
A family investment company (FIC) is a company set up specifically for investment purposes rather than trade. The corporate entity is set up as a normal company and is limited by shares. Property, cash and equity often make up the investments held within an FIC. A...
by AJN Accountants | Sep 11, 2023 | Pensions
This is a guest blog by Roy Dravid, an Independent Financial Adviser part of AJN’s network. He specialises in managing investments and pension portfolios. He enjoys working with clients and can discuss all aspects of Financial Planning. You can book an initial...
