Our Accountancy Blog

Tony Shackleford

Tony Shackleford

Chartered Accountant offering support to Limited companies and the self employed.

VAT Flat Rate Scheme - changes amnnounced in the Autumn Statement

Corporation tax rate reduction

Employers National Insurance Allowance - Changes from 6 April 2016

The employment allowance (which allows employers not pay over a proportion of employers NIC) was increased to £3,000 from £2,000 on 6 April 2016.

Until 5 April 2016 all employers were able to claim the allowance (to the extent that they had employers NIC up to £2,000). Since 6 April 2016 only those companies having more than 1 employee, with at least 2 employees receiving a salary £156 per week can, claim the allowance.

HMRC challenges percentages used under VAT Flat Rate Scheme

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