Monthly Archives: September 2013

HMRC have published draft guidance on landfill tax. Materials that can be classified as naturally occurring, and therefore taxable at the lower rate of £2.50, include: “Group 1 of the 2011 Order allows the following waste materials to be lower rated: naturally occurring rock, clay, sand, gravel, sandstone, limestone, crushed stone china clay, construction stone, stone from the demolition of Continue Reading

More than half of the UK's small businesses now operate from home, according to research from Direct Line for Business (DL4B). The 2.5 million home business owners account for 52 per cent of all small businesses and eight per cent of the total UK workforce. DL4B's analysis of data from the Office for National Statistics demonstrates how businesses are evolving Continue Reading

Many parents who receive Child Benefit may be blissfully unaware that they are walking into a tax trap. From 7 January 2013 Child Benefit payments are effectively means tested by the tax system. If either parent, or both parents, has income in excess of £50,000, then part or all of the Child Benefit you have received after 7 January 2013 Continue Reading

This guide looks at Universal Credit, a new benefit that will replace six existing benefits with a simpler, single monthly payment. Introduction   Plans for the Universal Credit (UC) were first announced in 2010. Starting in October 2013, it will replace a number of existing benefits. The new credit system is administered online and is intended to streamline the benefits Continue Reading