Daily Archives: March 10, 2017

Termination Payments, The Rules

In the Budget announced earlier this year, the then Chancellor George Osborne revealed a few surprises. The key announcement for employers being the introduction of compulsory National Insurance Contributions (NICs) on termination payments over £30,000, and an increase in the threshold for personal tax contributions. This announcement dictates that from […]

VAT and Multiple Business Entities

No-one in their right mind wants to pay more tax than is necessary, but remember there is a very distinct line between tax avoidance and tax evasion, you don’t want to come down on the wrong side of it. VAT is one area where as a business owner you may […]