From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:
June 2008
10% Tax Rate Climb Down
We live in quite amazing times in the world of tax. Over a year
ago, in Gordon Brown’s last Budget speech as Chancellor,
the so-called ‘abolition’ of the 10% starting rate
was announced. The government’s reason for this was, and
still remains, the simplification of the tax system.
More
Take Care What Information you Post on the Internet
It has been reported in the Daily Express that tax inspectors
are searching social networking sites for potential tax evaders,
who may be ‘advertising’ their wealth or assets which
may lead HMRC to believe they have ‘hidden’ remuneration.
More
Health and Safety Risks Caused By Hangovers
According to a new survey conducted by Norwich Union Healthcare,
77% of employers believe alcohol is the main threat to employee
wellbeing and a big contributor to employee absence.
More
Flexible Working Extension
The government has announced plans to extend the right to request
flexible working to parents with children up to the age of 16.
More
SMP and Salary Sacrifice Arrangements
HMRC have published some guidance on the complex area of salary
sacrifice and entitlements to both statutory maternity pay and
continuing non cash benefits during maternity leave.
More
Update Your Will
The Law Society has warned that thousands of Wills could need
updating as a result of rising care and nursing fees which force
the elderly to sell their assets, in many instances their homes,
to pay for care. The home is generally the largest asset left
to loved ones.
More
Payroll Changes and Personal Allowances
Chancellor Alistair Darling has announced an increase in the
personal allowance of £600 and an adjustment to the higher
rate threshold (the total of the personal allowance and basic
rate limit) as reported in the earlier article, ‘10% tax
rate climb down’.
More
Drive to Help Women Boost their State Pension
Women pensioners could boost their state pension or even be
in line for a windfall payment under special terms.
More |