Benefits of a Local Accountant

Local Accountants Steeple Claydon

Why is it important to have a local accountant? As we move further and further into a digital world where information is a click away. We deal with businesses on the other side of the world, never having met the contact in person. Then why do we consider it important to keep business dealings close … Read more Benefits of a Local Accountant

Annual Investment Allowance

Annual Investment Allowance increase

Temporary increase in the annual investment allowance The annual investment allowance (AIA) provides a 100% allowance on qualifying expenditure, subject to an annual limit. Budget 2018 announced a temporary two-year increase in this limit from £200,000 to £1,000,000 from 1 January 2019. As with previous changes to the limit, transitional rules will apply to businesses … Read more Annual Investment Allowance

Charity Taxes

Charity Taxes explained

The Government has announced it will introduce a package of measures from April 2019 designed to reduce administrative burdens on charities. These will include: increasing the upper limit for trading that charities can carry out without incurring a tax liability from £5,000 to £8,000 where turnover is under £20,000, and from £50,000 to £80,000 where … Read more Charity Taxes

Auto-enrolment pensions minimum contributions set to increase from 6th April 2018!

Auto-enrolment pensions

Please note that if you have staff the auto-enrolment pensions contribution goes up from 6th April 2018 and again from 6th April 2019. The new contribution rates will be: Date Effective Minimum Employer Contribution Staff Contribution Total Contribution Currently 1% 1% 2% 6th April 2018 2% 3% 5% 6th April 2019 onwards 3% 5% 8% … Read more Auto-enrolment pensions minimum contributions set to increase from 6th April 2018!

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Limited company Formation

From AJR & Co Ltd