The most important aspect of a client’s relationship with us is that you benefit from the right advice and support based on the needs of your business, and you as a business owner. Over recent months, we have worked strategically with Barrow-based training provider Taylor Made Training to support them in growing the business.
Archives for July 2016
Auto enrolment staging dates are fast approaching… Could a salary sacrifice scheme be the most effective way to deliver tax savings for you and for your employees?
In April 2016, the Gift Aid declaration was changed by HMRC and, in certain circumstances, the taxpayer may be responsible for paying the tax reclaimed by the charity. This also applies to declarations that have already been signed.
The future launch of the Lifetime ISA was perhaps the most significant announcement made in the March 2016 Budget. Now we have more detail about the product, some experts suggest that many 20 and 30-something taxpayers will turn their backs on the traditional pension as a way to save for retirement.
The Office for Tax Simplification recently carried out a review of small businesses to make informed proposals on how the tax system could be made less complex for them.
Research and Development (R&D) tax relief can provide additional tax deductions and enhanced cash flow for companies who are eligible. HMRC has introduced ‘Advance Assurance’ to make it easier for small companies to check their entitlement.
Those who reached State Pension age on or after 6 April 2016 became the very first recipients of the new, so-called ‘flat rate’ State Pension. However, almost everyone is receiving a different amount to the headline flat rate of £155.65 per week.
The government has announced that new National Minimum Wage and National Living Wage cycle will change from April 2017 so that both rates are amended in April each year.
We regularly advise clients who are looking to expand their businesses, but on this occasion RfM is putting its own expertise into practice. The seventh RfM office in the North West opens today in Windermere in the Lake District and our experienced team have lots to offer the vibrant local business community.