Keyword(s):

Budget date remains to be confirmed

Budget date remains to be confirmed


Published 18th September 2018

The Chancellor Philip Hammond, has stated before the House of Lords Economic Affairs Committee, that he is not yet in a position to announce a date for the Autumn Budget 2018 saying it was 'difficult to fix'. Last year, the Chancellor had used his

Read More...

 


 

Help-to-Save scheme launched

Help-to-Save scheme launched


Published 18th September 2018

The new Help to Save scheme for people on low incomes was officially opened with effect from 12 September 2018 following an 8-month trial. The new scheme allows those in work entitled to Working Tax Credit, and in receipt of Working Tax Credits or

Read More...

 


 

CGT record keeping

CGT record keeping


Published 18th September 2018

The annual Capital Gains Tax (CGT) exemption for individuals is £11,700 for 2018-19. A husband and wife each benefit from a separate exemption. Same-sex couples who acquire a legal status as civil partners are treated in the same way as married

Read More...

 


 

Childcare and compensation claims

Childcare and compensation claims


Published 18th September 2018

The Tax-Free Childcare Scheme (TFCS) helps support working families with their childcare costs. The scheme provides for a government top-up on parental contributions. For every 80p in the £1 contributed by parents, an additional 20p or 20% is funded

Read More...

 


 

Spotless but not tax deductible

Spotless but not tax deductible


Published 18th September 2018

The First-Tier Tribunal (FTT) recently heard three joined appeals that concerned the availability of tax relief for employee expenses. In each of the cases the expense claims related to the costs incurred cleaning and sanitising working clothes

Read More...

 


 

Stamp duty and leasehold property

Stamp duty and leasehold property


Published 18th September 2018

Stamp Duty Land Tax (SDLT) is payable whether you buy a freehold property, a new or existing leasehold property or a shared ownership property. SDLT has been replaced in Scotland by the Land and Buildings Transaction Tax and in Wales by the Land

Read More...

 


 

Accommodation expenses and benefits

Accommodation expenses and benefits


Published 18th September 2018

There are special rules for the provision of living accommodation to employees under certain circumstances. In most cases, employees will pay tax on any living accommodation provided by an employer unless they qualify for an exception. However, where

Read More...

 


 

Paper Self-Assessment  return deadline

Paper Self-Assessment return deadline


Published 18th September 2018

The 2017-18 tax return deadline for taxpayers who continue to submit paper Self-Assessment returns, is 31 October 2018. Late submission of a Self-Assessment return will become liable to a £100 late filing penalty. The penalty usually applies even if

Read More...

 


 

Self-employed Class 2 NIC changes cancelled

Self-employed Class 2 NIC changes cancelled


Published 13th September 2018

In a surprise move, the government has announced that, following a lengthy consultation, the planned abolition of Class 2 National Insurance Contributions (NIC) will not take place in the current parliament. The announcement was made in a written

Read More...

 


 

Receipts to cover certain expenses to be abolished?

Receipts to cover certain expenses to be abolished?


Published 13th September 2018

A new measure to remove the requirement for employers to check receipts for expense claims made by employees using the HMRC benchmark scale rates or overseas scale rates is to be introduced. The change will be included in the Finance Bill 2018-19.

Read More...

 


 

Address

England & Company
7 & 8 Church Street
Wimborne
Dorset
BH21 1JH

Contact

Tel: 01202 880384
Fax: 01202 842814

 

Company Registration Number: 4521252

Registered in England and Wales
VAT: 798123494

 

 


JoinEngland and Company on LinkedIn   Follow England and Company on Twitter

Site by Big Blue Creative