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
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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
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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
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