Budget 2015 – Tax Implications

The following articles are basic guides prepared by ACCA UK’s Technical Advisory Service for members and their clients. It should not be used as a definitive guide, since individual circumstances may vary. Specific advice should be obtained, where necessary. The following are PDF downloads: A Guide to Budget Tax Rates (Allowances 2015) A Guide to…

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Employment Allowance

HMRC have published guidance on the operation of the employment allowance.  From 6 April 2014 employers can claim the employment allowance of £2,000 and reduce employer’s class 1 NI contributions. An employer can claim the employment allowance if it is a business or charity that pays employer Class 1 NI on employees’ or Directors’ earnings….

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