Our concise summary of yesterday’s budget for business owners and taxpayers

Please click on the link below for our summary of items in yesterday’s budget that will affect you.

budget_summary_2016_17_March – Shrewsbury

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Important action for limited company owners to take before 6th April, 2016

Our guidance note explains the changes to taxation of dividends and how they will affect limited company owners

Changes to Dividend Taxation

Emergency Summer Budget

Here is a link to our summary of the Chancellor proposals. The changes to taxation of dividends is going to need to be carefully considered. There was also a major increase in the minimum wage (now living wage).

Emergency Budget 8 July 2015

Please subscribe to our newsletter for more information.

Please do not hesitate to contact us if you have any questions.

Our summary of the March 19th, 2015 Budget

Please click on the link below to see a summary of yesterday’s budget.

budget_summary_2015_19_March

Please do not hesitate to contact us if you have any questions.

 

The Shrewsbury Accountants, TaxAssist in Sundorne, has some more information about the pensions and saving changes in the Budget

We are pleased to give some more information about the radical changes to pensions and ISAs  announced on Wednesday.

You can download the file from  here

Please remember that we are able to support you with an auto-enrollment pension solution. If you would like to know more, please contact us.

The Shrewsbury Accountants – TaxAssist in Sundorne have published their budget newsletter

We have summarised the key issues of yesterday’s budget in our newsletter which can be accessed from this link

If you are on our newletter mailing list, you will have already received this.  If not, you can subscribe to our mailing list and view past articles from this webpage version of the newsletter.

The Shrewsbury Accountant, TaxAssist in Sundorne, has summarised the Budget for local business owners

Please find below a link to our Budget Summary covering the key points of George Osborne’s fourth Budget that affect small business owners and taxpayers.

TaxAssist Accountants budget_summary_2013_21 March 2013

Some of the changes were mentioned in last December’s Autumn Statement and earlier Budgets, but there were also many new announcements. The main highlights of the Chancellor’s speech were:

  • From April 2014, all businesses and charities will be entitled to an Employment Allowance of £2,000 per year towards their employer National Insurance contributions (NICs) bill. This will particularly help small businesses who want to hire their first employee or expand their workforce
  • An increase in fuel duty of 1.89 pence per litre, originally planned for 1st September 2013, will be cancelled. This is great news for trades people and service providers who make home visits and are dependent on their vehicles
  • The Government had already pledged to increase the personal allowance to £10,000 by 2015/16, but today announced that this would be brought-forward a year and will now increase to £10,000 in 2014/15

We hope that this summary is easy to digest and proves useful.

A further article with reaction from Jo Nockells of our technical team is on our web-site here

If any of the areas discussed seem likely to have an impact on your personal or commercial plans, please do not hesitate to contact us.