Tags » Tax Relief

Good news for employers - £3k employers allowance

The NICs Employment Allowance was introduced in April 2014, for the purpose of supporting businesses and charities in helping them to grow by cutting the cost of employment. 213 more words

Bicknell Business Adviser

What is the point (of tax-relief)?

A tired (and possibly emotional) actuary sends me a late night mail which starts..

What is the tax relief deal?  Govt in effect borrows money over 40 years on average to invest in whatever DC investors invest in and gets something like 2/3 back, at a guess.

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Pensions

Osborne needs a killer rabbit!

There are two ways to get money into a private pension

  1. you can pay the money in yourself as a deduction from pay
  2. you can have money paid on your behalf by your employer.
  3. 1,066 more words
Pensions

Prepare for a world without pension tax-relief

The concept of “flat rate tax relief” for pensions is now accepted. There is a consensus behind it. Even the ABI, who until recently were predicting plagues of locusts if higher rate relief were abolished, appear to have got behind the flat rate. 1,396 more words

Pensions

Tax relief for pension contributions

Paying into a pension can be tax-efficient. Although there are no limits on the amount that you can invest in a pension, there are limits on the amount of tax relief which is available. 400 more words

Tax

Pension Tax Changes expected soon

On the 20th January 2016…

David Gauke, the Financial Secretary to the Treasury, said a review of pension taxation would keep savers in mind.

“We need to ensure it is effective in terms of encouraging saving, and it is going in the right place,” he said.

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Bicknell Business Adviser

Buy to Let interest relief tax saving ideas

Restriction of Mortgage Interest Tax Relief

The governments’ plan is to restrict individuals on claiming mortgage interest as a cost against their property investment income, for individuals it will work as follows… 274 more words

Bicknell Business Adviser