From 30 September 2016, anyone in England and Wales that pays business rates go online to check their new draft rateable value. From this they can estimate what their business rates will be from April 2017. It only takes a couple of minutes to click,…
Author: Dev15
Dividend tax reminder
From 6 April 2016, any dividends you receive up to £5,000 are tax-free. Dividends received in excess of this amount will be taxed as follows. If they form part of your: · Basic rate tax band – taxed at 7.5% · Higher rate tax band…
Companies House filing deadlines and penalties
A reminder that you will have to pay penalties if you don’t file your accounts with Companies House by the appropriate filing deadline. Generally speaking, accounts will need to be filed nine months after a company’s financial year end. The penalties for private limited companies…
Cherie Blair leads failed High Court bid
The removal of mortgage interest relief from tax deductibles for the UK’s buy to let landlords is set to begin its remorseless impact on landlord’s cash flow from April 2017. For Steve Bolton and Chris Cooper, this tax change was step too far. They approached…