2nd November 2017 First Interest Rate Rise by the B O E in 10 Years Announced Today! The Bank of England has voted to raise interest rates for the first time in more than a decade, with many predicting this will signal the start of a series of gradual increases. Will this be a good thing
Benefit in Kind Rules Relaxed Tax on benefit in kind rules to be relaxed – HMRC have recently stated, starting April 2016. This nis all a part of the simplification processes that they are introducing. Benefits worth £50 or less, paid for by an employer,will no longer trigger a tax and national insurance bill for
Academy Leasing managing director Michael Nolan said that businesses can make tax savings. The Annual Investment Allowance (AIA) will fall from the current rate of £500,000 to £200,000 from January 1, 2016, reducing the tax relief cap on investments in equipment and development capital. “Although the fall in AIA was less severe than expected in
