The Watling & Hirst 2014 budget summary can be found here. Apart from the increase in the personal allowance to £10,000 and a reduction in the mainstream corporation tax rate, the main highlight was a proposed change in how pensions are taken. For more information please contact us.
As expected, the personal allowance will increase to £10,000 from 6 April 2014. At the same time, the threshold for higher rate tax will be reduced to £31,865. Tax rates will not be announced until Budget 2014....
HMRC achieve record compliance yield
HMRC are targetting SMEs. Read more...
Autumn 2014 Newsletter
Our latest newsletter can be found here.
Fake HMRC emails -again
Guide to Auto enrolment
A useful guide to Pension Auto Enrolment produced by the ACCA can be found here.