We are often asked by landlord clients to clarify the difference between a replacement item of furniture, furnishing, household appliances or kitchen ware, and a purchase that may be considered an improvement. The difference is critical, as from April 2016, the 10% wear and tear…
Month: September 2017
Tax free dividend squeeze confirmed
The government reintroduced the remainder of the March budget last week, it’s the part that was held-over to accommodate the May 2017 general election. It confirms two items that will be of interest to smaller business owners. Firstly, that businesses with turnover below the current…
30 hours free childcare for working parents
The Department for Education released the following press release last week regarding the new childcare support offer that commences from 1 September 2017. They said: Parents of three and four-year olds who have registered for a place will join the 15,000 families benefitting in the…
Tax Diary September/October 2017
1 September 2017 - Due date for Corporation Tax due for the year ended 30 November 2016. 19 September 2017 - PAYE and NIC deductions due for month ended 5 September 2017. (If you pay your tax electronically the due date is 22 September 2017)…