Tel: 07712 856364
Email: jon@proactive-accounting.com
Autumn 2017 Budget Changes The budget was less extreme than most were predicting thankfully. However, there are a few key pieces of information included which are likely to be relevant to our clients. Dividend Allowance The dividend allowance reduction from £5,000 to £2,000 as planned by the government last year appears to be going…
What is Making Tax Digital? Making tax digital is a new government initiative that by 2020 sets out the end of the tax return system as you know it. Are you read for the upheaval? From 2020, HMRC will begin to phase in a system requiring businesses to change from submitting one tax return per…
The government has recently launched a scheme for parents of children to qualify for what they’re calling Tax Free Childcare. In simple terms, how this will work is that you will have a tax free childcare account set up in your name and for every £1 you put into the scheme, the government will…
Bookkeeper and Accountancy Jobs We’re currently in the process of hiring more staff and have job positions open at the moment for experienced bookkeepers as well as fully or part qualified accounts. The job posting for an experience bookkeeper is listed below along with details, the position and roles involved in the accountant position…
For many of our clients, 2017 represents the year in which they will be required to register for auto enrolment pensions. Unfortunately, for small businesses this process usually involves an excessive amount of bureaucratic filing and administration. From your staging date (which can be found here) you are expected to enrol all eligible staff members in a…
Concerned about what impact the changes to Budget 2017 will have on your business? Quarterly Tax Returns back-down The first point of note within the new Budget is that the government have partly backed down from their proposal to force small businesses and the self employed to file four tax returns per year on…
A brief update on the government’s IR35 policy as it drives ever onwards. From April 2017 the government will be enacting a new policy placing the liability for all unpaid PAYE and NIC balances (in cases where they rule someone acting as a limited company subcontractor was actually an employee.) onto the public sector…
LOSS OF TAX RELIEF FOR LANDLORDS Tax has been one of the major worries for landlords over the past year. Many changes have been introduced but what do these changes mean? How will affect you? It is fair to say that it has not been a good time for a lot of landlords…