A temporary increase in the Annual Investment Allowance (AIA) to £1 million announced in the Autumn Budget 2018 is now in effect. The new allowance – five times the previous cap – will benefit businesses investing from £200,000 up to £1 million in new plant and machinery.
Archives for May 2019
Our colleagues at RfM Preston have found a simple way to make a big difference. Every Friday (for many years now) staff have paid to take part in Dress Down Friday to raise money for a local charity. Derian House Children’s Hospice is the latest good cause to benefit from their ‘casual’ fundraising.
Controversial changes to IR35 tax legislation for contractors in the public sector were introduced in April 2017. In the Autumn Budget, the Chancellor announced that similar IR35 rules will apply to private sector freelancers from April 2020. This could pose a real administrative challenge for the many organisations that engage freelancers on a temporary basis.
Who would look after your affairs if you suffered a loss of capacity? Your spouse, a sibling or another person you trust? If you want it to be your decision, you will need a Lasting Power of Attorney.