Rent a Room limit increased by £3,250
From 6 April 2016, the annual Rent a Room limit increased from £4,250 to £7,500 for the 2016/17 tax year.
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Changes afoot at Companies House
The Small Business, Enterprise and Employment Act 2015 provided for a range of measures which will affect the information you give to Companies House.
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Rules changed on Entrepreneurs’ Relief… again
In May we reported concerns that changes to the rules on Entrepreneurs’ Relief would lead to retrospective taxation. The Government now appears to have taken note of these concerns and amended the Finance Bill 2016 to remove the possibility of retrospective taxation – at least in some circumstances.
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Brexit: What is next?
On 23 June 2016 the UK public spoke and decided to take the country out of the EU. As the UK begins the process of leaving the EU, many businesses will be wondering what is around the corner.
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The information in this newswire is believed to be correct at the time of circulation. It is essential to take advice on specific issues.