The new Income Tax exemption covers the first £500 worth of pensions advice provided to an employee in a tax year.
Source: HMRC
Category Archives: Services
Businesses warned to avoid delaying payments this Christmas
Businesses must plan in advance to avoid missing or delaying payments to staff and suppliers over the Christmas and New Year holidays, according to Bacs Payment Schemes Limited (Bacs). This year, Christmas Eve falls on a Saturday – a non-processing day – while both Christmas Day and Boxing Day are bank holidays. This year Tuesday
The post Businesses warned to avoid delaying payments this Christmas appeared first on Small Business.
Source: SmallBusinessUK
ReNeuron stroke treatment shows early promise
Shares leap as Welsh biotech company announces plans for third-stage trials
Source: FT
Work/life balance worries SME bosses more than finance
Work/life balance trumps profit & loss and client demands on small business bosses’ worry list, according to AXA PPP healthcare poll. Asked what keeps them awake at night, one in four (26 per cent) SME bosses say that they worry about the impact of work on their lives. Profit and loss concerns adversely affect one in
The post Work/life balance worries SME bosses more than finance appeared first on Small Business.
Source: SmallBusinessUK
1.6 million Brits lending to family and friends to bridge the gap
More than 1.6 million people have lent money directly to a friend or family member to help them start or grow a business, according to research from peer to peer lender ThinCats. In a constrained lending environment, entrepreneurs are turning to loved ones for support, with an average sum of £4,479 being lent at a
The post 1.6 million Brits lending to family and friends to bridge the gap appeared first on Small Business.
Source: SmallBusinessUK
Agency workers ‘face pay penalty of £430’
Agency workers are paid on average £430 less per year than someone doing the same job on a full-time contract, new research suggests.
Source: Sky Business News
Policy paper: Fulfilment House Due Diligence Scheme
This is the measure for the implementation, in 2018, of the FHDDS to tackle VAT and duty non-compliance by overseas businesses that sell goods via online market places to UK customers.
Source: HMRC
Policy paper: Co-ownership authorised contractual schemes: reducing tax complexity
This measure will reduce tax complexity in relation to Authorised Contractual Schemes.
Source: HMRC
Guidance: Pension Tax for overseas pensions – draft forms
Draft forms relating to changes to the pension tax rules for qualifying overseas pension schemes and qualifying recognised overseas pension schemes.
Source: HMRC
Guidance: Pension Tax for overseas pensions
As announced, the government is consulting on changes to the conditions that an overseas pension scheme has to meet to get UK tax relief for contributions or transfers.
This document provides guidance in relation to the changes to the conditions to be an ‘overseas pension scheme’ and a ‘recognised overseas pension scheme’ and the UK taxation of payments pout of the funds that have had UK tax relief.
If you would like to comment on this draft guidance, please send responses via email: pensions.policy@hmrc.gsi.gov.uk by 1 February 2017.
Source: HMRC