The chancellor made his 2016 Budget speech today and made a joke on pensions: "...we'll keep the lump sum and abolish the Liberal Democrats."
Nichola's SME Tax w-update 11 March 2016
Hello
In this week's web-update we have our Employer's Update for March. Don't miss it. It's packed full of practical information and planning points for employers for the end of the year and getting started for the new one.
Finance Bill: complex, confusing and poorly communicated
The House of Lords Economic Affairs Committee's report on the Draft Finance Bill 2016, raises a number of areas of concern.
OTS: Small Company Taxation Review
In March 2016 the Office of Tax Simplification (OTS) published its 'Small company taxation review'. It focused on making the tax system simpler for micro-companies with fewer than ten employees.
Nichola's SME Tax w-update 4 March 2016
Hello
As we mentioned back in January, the tax tribunal will soon be charging fees and this will make the task of appealing a minor penalty prohibitively expensive.
Ten year anniversary of major trust changes approaching
March 2006 saw a major change in the tax treatment of trusts, and as we head towards the tenth anniversary of this change many trusts created since then will have reporting obligations and potential IHT liabilities to consider for the first time.
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