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Monthly Archives: December 2016

Goodbye to the Autumn Statement

Posted on December 8, 2016 by Apple Accounting Services

The most significant announcement at last month’s Autumn Statement was possibly the announcement that this would be the last Autumn Statement.

Posted in Latest News

Reminder: Inheritance Tax nil-rate band on main residence to go up in the new year

Posted on December 8, 2016 by Apple Accounting Services

A new additional nil-rate band of £100,000 for inheritance tax on main residences, when bequeathed to a direct descendent, is set to come into effect from April 2017.

Posted in Latest News

Tax avoidance clampdown aims to raise extra £2bn by 2022

Posted on December 8, 2016 by Apple Accounting Services

During the last few Budgets and Autumn Statements the government has made moves to prevent tax avoidance and evasion – and the latest fiscal event was no different.

Posted in Latest News

Making Tax Digital: Update on government plans due in January

Posted on December 8, 2016 by Apple Accounting Services

Despite being perhaps the most significant change to the UK tax system in decades, Making Tax Digital (MTD) did not receive a single mention from the Chancellor in the Autumn Statement.

Posted in Latest News

Small businesses to see changes to the VAT Flat Rate Scheme

Posted on December 8, 2016 by Apple Accounting Services

Small business users of the VAT Flat Rate Scheme who have low costs may see the rate they pay drastically increase under new changes.

Posted in Latest News

Government moves to curb salary sacrifice

Posted on December 8, 2016 by Apple Accounting Services

Ahead of the 2016 Autumn Statement there were rumours that the Chancellor Philip Hammond might limit the perks offered to employees by their employers.

Posted in Latest News

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