by AJN Accountants | Feb 7, 2025 | Pensions
The amount of State Pension you, your family, and your employees will receive in the future is directly linked to the National Insurance Contributions (NICs) made throughout their working lives. The amount of State Pension you, your family, and your employees will...
by AJN Accountants | Jan 20, 2025 | Business
The sunset clause which was set to end the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) scheme on 5 April 2025 has been extended for a further ten years. The schemes, which offer tax relief for individuals investing in qualifying small 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 yasiradnan94 | Dec 6, 2022 | Advice, Business, Tax Planning
Companies can currently claim super-deduction allowances set at 130% of the cost of new plant and machinery or 50% of the purchase cost of certain fixtures and fittings for buildings. These super-deductions will expire on 31 March 2023. The annual investment allowance...
by yasiradnan94 | Nov 21, 2022 | Advice, Business, Financial Planning, Tax Planning
Several investment schemes provide a basket of tax reliefs to individuals who are prepared to risk their money by subscribing for new shares in small trading companies. Two such schemes are the Enterprise Investment Scheme (EIS) and the similar Seed Enterprise...
