Newsletter
Spring 2014
We report that, according to the Government, some companies and employment businesses are using employment intermediaries to disguise the employment of their workers and are treating them as self employed. We outline the proposed changes to the rules.
A relief for the Big Society?
The Government are to introduce a new range of tax incentives for individuals investing in equity and certain debt in qualifying social enterprises with effect from April 2014...
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Removing the mask
The Government and HMRC are aware that increasingly some companies and employment businesses are using employment intermediaries to disguise the employment of their workers and are treating them incorrectly as self-employed...
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Share Ownership for Employees
The encouragement of share ownership for employees is high on the agenda of the current Government and a number of changes to current rules have been or will be made. Probably the most important development for small and medium sized enterprises is a change in the Enterprise Management Incentives (EMI) scheme...
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Do you have any idea when you will get your State Pension?
The answer to this is no longer as easy as it used to be and, importantly, for many people there is no precise answer. If you are currently over 50, the answer is known but the precise date will vary according to age. For example for a person born between 6 October 1954 and 5 April 1960 the State Pension age (SPa) is 66...
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Relief for rates
The Government has announced a package to help boost firms and high street businesses by capping increases in business rates. The scope of this article is limited to those announcements which apply to England due to the variations which may apply in Wales, Scotland and Northern Ireland...
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Will we see lots more sports clubs becoming Community Amateur Sports Clubs?
Sports clubs that promote active participation in approved sports have been able to register with HMRC for a range of tax benefits since 2002. Currently there are around 6,500 clubs which have registered as Community Amateur Sports Clubs (CASCs). In 2014, improved tax benefits will be available to encourage more clubs to register...
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Pension changes ahead - Are you likely to be affected?
The Government had previously announced a couple of important changes to the pension regime which will take effect from 6 April 2014. Here is a quick reminder of the changes and how they could impact on you...
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A not so sweet home proposal
For many, the gain arising on a property which has been the individual's private residence throughout their period of ownership is exempt from CGT. There are deemed period of occupation rules which may help to provide an exemption from CGT even if the individual has not lived in the property all the time...
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The end of an era
The well-worn scenario of the police officer strolling around your car and exclaiming: 'do you realise your tax disc is out of date Sir?' should be relegated to the history books after September this year...
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