Budget – Anti tax avoidance measures
Budget – Anti tax avoidance measures A number of measures are to be included in the 2011 and later Finance Bills to prevent the use of certain tax avoidance schemes. However, the Government has...
View ArticleBudget – Employer-supported childcare
Budget – Employer-supported childcare The “generally-available” condition One of the statutory conditions for tax relief for employer-supported childcare is that it be made “generally available” to all...
View ArticleBudget – Company cars and vans
Budget – Company cars and vans Appropriate percentage: For 2011/12, the appropriate percentages for company petrol cars range from 15% to 35% for emission ratings of 125 to 225 g/km. For 2012/13, the...
View ArticleBudget – Mileage allowance payments
Budget – Mileage allowance payments For employees required to use their own car or van for work, the approved mileage rate for cars and vans will increase, from April 2011, to 45p per mile (up from...
View ArticleBudget – State Pension reform
Budget – State Pension reform The Government’s view is that the state pension system is too complex, making it difficult for working-age individuals to determine what they might receive from the state,...
View ArticleBudget – Implementing the Office of Tax Simplification’s proposals
Budget – Implementing the Office of Tax Simplification’s proposals Last week’s newsletter included a review of two reports issued by the Office of Tax Simplification in time for consideration by the...
View ArticleBudget – Consumer Prices Index
Budget – Consumer Prices Index The June 2010 Budget announced that the default indexation for direct taxes, including income tax and NICs, will be the (lower) Consumer Prices Index (CPI) instead of the...
View ArticleBudget – Personal tax allowances
Budget – Personal tax allowances From April 2011, the under-65 personal allowance increases from £6,475 to £7,475 as the first stage of the Government’s plans to increase the allowance to £10,000...
View ArticleBudget special, exploring the payroll implications
Budget special, exploring the payroll implications The Chancellor presented his annual Budget to Parliament on 23 March so this week’s newsletter explains those announcements that are relevant to...
View Article
