• 29th September 2015

    Employers: Don’t forget the National Minimum Wage increases from 1 October 2015

    As announced in March, the adult rate of National Minimum Wage is set to increase by 20 pence per hour to £6.70, from Thursday 1st October 2015.
  • 16th September 2015

    Financial Focus On...The New Dividend Rules

    Now that the dust has settled following the Chancellor’s Summer Budget, it is time to take stock as to what the new Dividend tax regime will mean from April 2016.
  • 7th September 2015

    The benefits of planning for the sale of your business

    When looking at your long term goals, which may include your retirement and exit planning, if you own a business it is always worth keeping one eye on the “end game” and what value it might have should you choose to sell it one day.
  • 13th August 2015

    Profit Extraction under the New Dividends Tax regime

    The changes to dividend taxes in the summer Budget came as a surprise to most of us. Strangely, pre-election, I had been braced for it, as this was a Liberal Democrat policy which I had a feeling a Labour / SNP coalition would adopt. With the Conservatives in office I had dismissed such changes, reassured by their election pledge not to put up income tax; but it turns out the pledge was carefully worded so as not to cover the dividends position… What they have actually done is add more teeth to the Lib Dem policy.
  • 12th August 2015

    Financial Focus On...transferring your Personal Allowances

    There is a new tax relief in town for some married couples and those in civil partnerships. Although only worth a maximum tax saving of £212 for the current year, £212 is still worth having – but not without its complications.