business taxation Archives - Page 61 of 77 - Whitefield Tax - Isle of Wight Accountants

All change for employee shareholder agreements

by Jessica Garbett | Mar 20, 2017 | ACCA, business taxation, capital taxation, personal taxatation

Income tax relief and CGT exemption on shares to end. The income tax reliefs and capital gains tax (CGT) exemption will no longer be available with effect from 1 December 2016 on any shares acquired in consideration of an employee shareholder agreement entered into on...

New Trading and Property Allowance £1,000

by Jessica Garbett | Mar 16, 2017 | business taxation, personal taxatation, property taxation

From 6th April 2017, there is an exemption from registering for Self Assessment if you either: Turnover less than £1,000 from Self Employment Have rental income, before expenses, of less than £1,000 If you have turnover or rental income of over £1,000 then you can...

Class IV NI rises scrapped

by Jessica Garbett | Mar 16, 2017 | budget, business taxation

Yesterday it was announced by the Prime Minister the Class 4 NI increases for Self Employed (sole traders and partners, not company directors) announced in last weeks budget are not going ahead. They were originally proposed at 1% from April 18 and 1% from April 19....

Employed or self-employed?

by Jessica Garbett | Mar 15, 2017 | ACCA, business issues, business taxation, employment status, IR35

Keep on top of the changing landscape around self-employed individuals. The independent review into the labour market has started to gather evidence in its fact finding tour of Britain. Its mandate is to investigate whether employment practices are keeping pace with...

Scotland’s tax-setting powers increase

by Jessica Garbett | Mar 13, 2017 | ACCA, business taxation, HMRC, personal taxatation, politics

Scottish Parliament gains full control over residents’ income tax. From April 2017, the UK government will devolve further legislative powers to set income tax rates and thresholds applying to employment, pensions and property income (‘non-savings, non-dividends’...

The common reporting standard and charities

by Jessica Garbett | Mar 13, 2017 | ACCA, business issues, business taxation

From May, the CRS may require charities to make reports to HMRC. Will your charity be affected? The Common Reporting Standard (CRS) is a global network of legislation which aims to prevent individuals and entities using offshore structures to evade tax. Unlike...

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All change for employee shareholder agreements

New Trading and Property Allowance £1,000

Class IV NI rises scrapped

Employed or self-employed?

Scotland’s tax-setting powers increase

The common reporting standard and charities

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