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Our lead article is of particular relevance to corporate clients, and covers the correct procedure to be followed when making dividend payments. Highlighting some common errors, the article offers guidance on best practice, and how best to avoid challenge from HMRC.
The government has altered the timetable for the abolition of Class 2 National Insurance, and the other article on the front page sets out the most up to date position here.
Elsewhere in the newsletter, we consider Community Amateur Sports Club status. This is a scheme which can allow local clubs to access a variety of tax advantages.
Scottish income tax has been in the news following the Scottish Draft Budget 2018/19, and we cover recent developments. All employers, whether north or south of the Border, need to know the new rules, given the possibility of employees moving to or from Scotland during the tax year.
In our other articles, we look at:
We are sure you will find the newsletter an interesting read. Please contact us if you have any questions regarding any of the articles we have included in our newsletter or if you would like further information on a topic we haven’t covered. Your views are always important to us and we would welcome your feedback.
Why not contact Wilkes Tranter & Co Limited today for more information or a FREE no obligation quote.
The government is to extend business rates relief with a £1.5 billion fund targeted at those businesses unable to benefit from the current COVID-19 support.
The government has published over 30 updates, consultations and documents on the UK's first ever Tax Day.
As always, the wellbeing of our staff and clients remains our priority and is at the forefront of our mind when considering our response to the current coronavirus situation. At present our office remains open during normal working hours however we are discouraging face to face contact and are moving to telephone/ e-mail communication wherever possible in an effort to protect ourselves and our clients.
In the absence of face to face meetings, you can contact us as follows:
Please be assured that we will be continuing to offer the best service and advice during this difficult period.
We will continue to closely monitor government advice on the situation and act accordingly.