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Monthly Archives: March 2017

Spring Budget 2017

Posted on March 8, 2017 by Apple Accounting Services

Various rumours were swirling around Westminster in the days before Philip Hammond rose to deliver his first Budget – confirmed as the last time a major fiscal statement will be made in the spring.

Posted in Latest News

£30K tax-free redundancy payments set to be abolished

Posted on March 8, 2017 by Apple Accounting Services

Payments in Lieu of Notice (PILON), one aspect of a typical redundancy payment, alongside compensation for loss of employment, is set to lose its tax-free exemption, which currently applies to payments of up to £30,000, where it is not a contractual requirement.

Posted in Latest News

Reporting company car expenses and fuel

Posted on March 8, 2017 by Apple Accounting Services

If you provide cars to your employees for their own private use, you will need to report this to HM Revenue & Customs (HMRC) using form P11D at the end of the tax year.

Posted in Latest News

One in five micro-businesses unaware of Making Tax Digital, research shows

Posted on March 8, 2017 by Apple Accounting Services

Research published by FreeAgent has found that a fifth of the smallest business are unaware of Making Tax Digital (MTD) – HM Revenue & Customs’ (HMRC) flagship policy, which will introduce quarterly electronic reporting for most businesses.

Posted in Latest News

Business rates are a “ticking time bomb”

Posted on March 8, 2017 by Apple Accounting Services

In April 2017, businesses are expecting to receive the first indication of their new business rates following the latest revaluation.

Posted in Latest News

Reminder: Payroll changes ahead

Posted on March 8, 2017 by Apple Accounting Services

From 1 April 2017, the statutory wage for employees in the UK is to increase. The change will mean that those aged 25 and over in receipt of the National Living Wage will see their hourly rate increase from £7.20 to £7.50.

Posted in Latest News

New late payment regulations to come into force

Posted on March 8, 2017 by Apple Accounting Services

On 6 April 2017 new rules will come into force that will require Limited Liability Partnerships (LLPs) and medium and large companies to publish reports on their payment practices.

Posted in Latest News

Recent Posts

  • Business rates reform – How will it affect you
  • Need Help to Grow? Learn about the latest Government-backed support for SMEs
  • How businesses can avoid becoming the victims of fraud
  • Top tips for filing your Self-Assessment tax return
  • Is your business struggling with debt? Regain control today

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