by AJN Accountants | Apr 24, 2023 | Accounting, Advice, Financial Planning, News, Tax Planning
The Chancellor announced the extension of free childcare places to children under three years old in England to match the 15 or 30 hours of free childcare currently provided to three and four year olds in term time. The extra funding will only apply in England and...
by AJN Accountants | Apr 20, 2023 | Accounting, Financial Planning, News, Tax Planning
Ambitious entrepreneurs who want to attract investors can use two different schemes to provide the investor with income tax relief on the value subscribed for shares and capital gains tax relief on the disposal of those shares. These schemes are: the enterprise...
by AJN Accountants | Apr 7, 2023 | Accounting, Advice, FAQs, News, Tax Planning
The Chancellor announced the relaxation of three different pension allowances to encourage older taxpayers to remain an active part of the workforce or to return to employment if they have retired early. The pensions annual allowance provides a cap on the...
by AJN Accountants | Mar 22, 2023 | Accounting, News, Tax Planning
The ‘super deduction’ capital allowances, which provide companies with a deduction of 130% of the cost of new plant and machinery, will end for expenditure incurred after 31 March 2023 as scheduled. The Chancellor has proposed a new system of full...
by AJN Accountants | Mar 6, 2023 | Accounting, Advice, Business, FAQs, News
The national minimum wage (NMW) and national living wage (NLW) rates are due to rise significantly for pay periods starting on and after 1 April 2023. These increases – the largest since the NMW began – are being introduced because inflation is running at...
by AJN Accountants | Jul 28, 2022 | Advice, FAQs, Financial Planning, News
When completing the annual expenses and benefits return (P11D) you need to know what company-provided vehicles each employee and director used in the tax year. A problem can arise when deciding whether small commercial vehicles should be treated as vans or as cars....
