by Lisa Dickson | Oct 11, 2017 | Pensions, Personal Taxes
Once you’ve been running auto-enrolment for three years you’ll need to re-enrol workers. Over the last five years, there has been a seismic shift in attitudes towards retirement saving. Auto-enrolment means workplace pensions are now regarded by many...
by Lisa Dickson | Aug 23, 2017 | HMRC and tax, Personal Taxes
Making Tax Digital (MTD) will mean most businesses and taxpayers access their tax affairs online through digital tax accounts in the near future. But what impact will MTD have on your business? What is Making Tax Digital (MTD)? “Tax really doesn’t have to be...
by Lisa Dickson | Jul 21, 2017 | HMRC and tax, Personal Taxes
What combination of salaries and dividends should you take in 2017/18? As the owner and director of your own company, you can choose how and when to extract funds from your company. As almost all the funds you take out will create a tax charge in your hands, you may...
by Lisa Dickson | Jul 10, 2017 | Personal Taxes
George is a self-employed golf pro who has been making a name for himself in the sport. He is also employed by a local golf club. He submits an annual self assessment tax return to disclose his sole trade and PAYE earnings to HMRC. He has been offered a sponsored deal...
by Lisa Dickson | Jul 3, 2017 | HMRC and tax, Personal Taxes
After decades of contributing to a defined contribution pension and watching it grow, there comes a point when an individual’s working life ends and their retirement begins. Your pensions & savings are likely to be the primary financial tool that you have to...
by Lisa Dickson | Jun 9, 2017 | HMRC and tax, Personal Taxes
A guide to capital gains tax and the reliefs available for 2017/18. When you buy an item with the intention of selling it for a profit, that transaction is treated as a trade and you should pay income tax on the profit you make on the sale. When you acquire an asset...
