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The Chancellor announced the creation of a NICs Employment Allowance in the 2013 Budget. This is planned to start on 6 April 2014 and moved a step closer to becoming law with the First Reading of the Bill on 14 October 2013. HMRC have published the following background information about the scheme: “In the March 2013 Budget, as part of Continue Reading

Sir Richard has decided to leave the UK and live in his holiday home. He wants more time to surf, kite surf, play tennis and stay limber practising pilates. He says that his decision is not dictated by tax considerations. His personal wealth is estimated to be £3.5bn which means he can spend several million pounds a year for the Continue Reading

We have enough information about the UK’s economic woes to keep us depressed for many years to come. Every week we are told why sustainable recovery from recession and its after effects is just round the corner. The problem is the “corner” is mobile, always just out of reach. Which is why the current round of speculation about the UK Continue Reading

A number of trade associations have issued warnings to their members recently. They are concerned that HMRC are making an issue of business mileage recording. Apparently, employers are failing to keep adequate records of mileage for employees who have the use of company vehicles. Self-employed business owners can also be caught out by the same issue. If you are a Continue Reading