Tax Saving Accountants

Self-Employed Tax Cut Dismissed by the Government

There was hope for the 2.7 million self-employed workers when plans were put in place to remove Class 2 National Insurance Contributions by April 2018. After already being delayed by a year, this September the government have announced this will no longer be happening. This action was expected to save millions of self-employed workers around […]

Tax Saving Accountants

Labour’s Corporation Tax pledge

We’ve all been keeping an ear to the ground regarding the latest manifestos and their contents. One of the most vibrant of which is the idea behind Labour’s Corporation Tax increase up to 26%. Over the last 5 decades we have seen the rates introduced at 40% and quickly rose to 45% 4 years later […]

Tax Saving Accountants

Tips on the The Best Current Accounts/ Smartest Ways to Save!

The current account market is a bit of a minefield at present. As the Bank of England base rates have been cut lower and lower over the years, so the Banks and Building Societies have been left little choice but to follow in its wake. We are here to look our best advice on ways […]

Tax Saving Accountants

Accounting Advice for Small Businesses

Helpful tips that every small business owner should know about. Accounting can be alien to many new and existing small business owners. It’s the side of owning your business that most people hate, managing books, finances, tax, VAT – it’s a hassle, but it doesn’t have to be… With a little discipline and a good system […]

Tax Saving Accountants

Facebook’s Tiny Corporation Tax Bill

Supposedly because the company is not profitable here. Year after year, we have dealt with countless headlines of massive multimillion companies dodging their UK tax payments and saving millions. Facebook is the latest company under the spotlight. The social networking giant who has 1.39 billion active users each month has raised many eyebrows after it […]

Tax Saving Accountants

Tory Working Tax Credits Cuts will Leave you Worse Off

A new study was conducted by the Resolution Foundation think-tank, which was released the day after David Cameron promised an “all-out assault on poverty” at the Manchester Conservative Conference. The study found that in despite of a higher National Living Wage the Working Tax Credit cuts would result in 200,000 children, predominantly from working households, […]

Tax Saving Accountants

Conservatives are rattled by Jeremy Corbyn and the Labour Party

The born republican Jeremy Corbyn has caused quite a stir for the political world. He has rattled the conservatives ever since he became the new leader of the Labour party, with his views and policies championing for the middle and working class. He addresses the issues of inherited wealth and inequality and has a strong […]

Tax Saving Accountants

Labour Plans Tax Raids for a ‘Redistribution of Wealth’

Labour will soon be unveiling their plans for a “redistribution of wealth” with an attack on British business and a series of tax raids on the middle class. Shadow Chancellor John McDonnell will be using his first conference speech to talk about a potential “Robin Hood tax” when it comes to stock market trading. Chancellor […]

Tax Saving Accountants

Changes to the Inheritance Tax Limit Means Thousands Need to Change their Wills

Thousands of families in the UK who originally set up discretionary trusts in order to have a tax-efficient way to leave property to their children will need to make significant changes to their will or risk missing out on the new allowance for inheritance tax. Accountants have warned that changes to the inheritance tax limit […]

Tax Saving Accountants

Planned Welfare Cuts Divide Labour Party

The Labour Party is currently disagreeing over whether they should support some of George Osborne’s planned welfare cuts. The cuts were recently unveiled in Mr Osborne’s Budge speech, and acting labour leader Harriet Harman was subject to a backlash on Monday at a meeting of Labour MP’s as she urged the party to avoid the […]

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