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Corporation Tax and Capital Gains Tax Changes - Budget 2016

More News for Business from the latest Budget Statement. Corporation Tax (CT) Future CT rates are set as follows: Financial Year Commencing CT Rate 1st April 2016 20% 1st April 2017 19% 1st April 2018 19% 1st April... Read more

ISAs - New Incentives for Savers

NEW ISA LIMIT From 6th April 2017 the ISA limit will increase to £20,000. Lifetime ISA The Lifetime ISA will be available from 6th April 2017 for savers aged between 18 and 40. Any savings made into the plan before age 50 is attained will attract a 25% bonus from the government –... Read more

Help to Buy ISA

With the introduction of the Help to Buy ISA from the first of December, we thought it might be useful to summarise its main rules and workings. The government’s Help to Buy website covers details of the Help to Buy ISA as well as the other Help to Buy schemes (the Help to Buy ISA can be used... Read more

Auto enrolment ‘simplification’ consultation agenda

The DWP has issued a consultation paper today containing proposals aimed at further simplifying the automatic enrolment framework to ease the burden on employers, particularly small and micro businesses that have started to enrol their eligible workers into a workplace pension scheme. These... Read more

Reduction of Pensions Lifetime Allowance - Further Detail from HMRC

HMRC has provided further details relating to the reduction in the lifetime allowance in its latest Pension Schemes Newsletter including confirmation that the new protections can’t be applied for before 6th April. The standard lifetime allowance, currently £1.25 million, will reduce to £1... Read more

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