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Holiday Pay Yet again

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As the Christmas season approaches staff want to take holidays - do you know how to calculate holiday pay?
Capital allowances allow the costs of capital assets to be written off against taxable profits. In recent years the Government has been generous with the rates of capital allowances in an attempt to help businesses and encourage greener investment.
Planning for your retirement may not be at the top of your agenda, but with the state pension in 2015/16 worth less than £10,000, it is vital to start thinking about how you will fund your life after work.
ISAs have undergone significant changes in recent years, and the rules are now much simpler when it comes to investing in these popular ‘tax-free’ savings vehicles.
If your income exceeds £100,000 you will already be paying tax at 40% – this begins when taxable income exceeds £31,785 – but your personal allowances are also clawed back by £1 for every £2 by which your adjusted net income exceeds £100,000.
Whether you are self employed or not, and whether you have employees or it’s just yourself YOU are the core for your company and your brand
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2015/16 Year End Strategies

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Tax planning is a year-round activity, but it takes on even more importance as the year end draws nearer. Taking appropriate action ahead of 5 April will help to ensure that you are able to make the most of the tax-saving opportunities available to you and your business.
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