FURNISHED HOLIDAY LETTINGS
The tax treatment of Furnished Holiday Lettings (FHL) has been advantageous for many years.
NATIONAL INSURANCE CONTRIBUTIONS (NICS)
Changes to the rates of NICs had been announced by the previous government and the current government confirmed that the rate changes would be made.
VAT RATE INCREASE – SHOPPERS MAY SEE PRICE RISES
With the standard rate of VAT set to increase to 20% from the current 17.5% it is a good idea to be aware of the rules on the correct rate of VAT you should be charged on purchases around the busy New Year period.
NEW TAX-FREE CHILDREN’S SAVINGS ACCOUNT
The Government has announced that they will create a new tax-free children’s savings account following the end of Child Trust Fund (CTF) eligibility.
PARTIES FOR EMPLOYEES
With the season for office parties fast approaching we thought it would be a good idea to remind you of the tax rules.
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