Budget Autumn 2017

Budget Autumn 2017

Well the budget happened on Wednesday 22 November and Philip Hammond made a few jokes about Strepsils, I’m a Celebrity Get Me Out of Here, and drinking just water! With jokes aside there were a few items that were introduced in the Budget which we though would be of...
Flat Rate VAT for Consultants and Contractors

Flat Rate VAT for Consultants and Contractors

In the November 2016 Autumn statement chancellor Phillip Hammond made a brief announcement that the government would crack down on the abuse of the flat rate VAT scheme. Most national newspapers reporting the next day made little or no mention of this as it sounded...
HMRC Trying to Grab Dividend Tax Early

HMRC Trying to Grab Dividend Tax Early

PAYE codes adjusted down for dividend taxation Many owners of small limited companies are now starting to receive their PAYE coding notices for the next tax year and tax codes are being dramatically reduced as HMRC look to collect tax due on dividends for 2016/17....
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