DIVIDEND ALLOWANCE AND RATES OF TAX
Further details have been provided of the new rates of income tax on dividends and the new Dividend Allowance which will apply to dividends received on or after 6 April 2016 - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-100#Dividend
NATIONAL LIVING WAGE - EMPLOYERS ADVISED TO GET READY
The Department for Business, Innovation and Skills (BIS) is advising employers to begin preparing for the introduction of the National Living Wage (NLW) which comes into effect from 1 April 2016 - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-100#National
SCOTTISH BUDGET - INCOME TAX AND LBTT
The Scottish Government set out tax and financial plans for the future in their draft Budget on 16 December 2015 - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-100#Scottish
SELF ASSESSMENT DEADLINE APPROACHING
HMRC have reported that:
• a record breaking 24,546 people submitted their tax return online on New Year’s Eve - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-100#Deadline
HMRC INTRODUCE ADVANCE ASSURANCE FOR R&D
HMRC have introduced Advance Assurance for companies that claim Research and Development (R&D) tax relief - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-100#HMRC
TAX HELPLINE FOR THOSE AFFECTED BY SEVERE WEATHER AND FLOODING
HMRC have set up a helpline (number is 0800 904 7900) and will enable anyone affected to get practical help and advice on a wide range of tax problems they may be facing - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-100#Flooding
NUISANCE CALL COMPANIES WARNED TO EXPECT MORE FINES
The Information Commissioner’s Office (ICO) is warning companies making nuisance calls to expect more fines in 2016 - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-100#Nuisance