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Changes to Auto-enrolment Minimum Contribution Increase Dates

In the Autumn Statement the Government announced plans to adjust, by about 6 months, the date on which the auto enrolment minimum pension contribution levels will increase. Phase 2 will now start on 6th April 2018 (instead of 1st October 2017) and phase 3 will start on 6th April 2019 (instead... Read more

Dividend Taxation from April 2016

For dividend distributions made on or after 6th April 2016 the Dividend Tax Credit will be replaced by a new Dividend Allowance in the form of a 0% tax rate on the first £5,000 of dividend income per tax year. UK residents will pay tax on any dividends received over the £5,000 allowance at... Read more

Pension Bond Rollover Rate changes

At the start of 2015 the 65+ Guaranteed Growth Bonds were launched with a 12 month rate of 2.8%. Multiplied thousands of people took advantage of this attractive rate with over £13 billion pouring into the Government-backed product. As we come up to the first anniversary of these bonds, savers... Read more

Stamp Duty Land Tax - Additional Properties

  In the recent Autumn Statement by the Chancellor, changes were annouced that will affect many. Higher rates of SDLT will be charged on purchases of additional residential properties (above £40,000), such as buy to let properties and second... Read more

Auto-Enrolment - New Step by Step Guide for Employers

The Pensions Regulator has recently updated its website to support the needs of small employers and to address the particular challenges faced by very small businesses and employers of people in the home, including employers of carers. The changes made include the introduction of a duties checker,... Read more
 

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