Newsletter 107

Headlines from our latest newsletter.  Please click on any of the links below for more information :

AUTUMN STATEMENT PLANS

The Chancellor of the Exchequer, Philip Hammond, will present his first Autumn Statement to Parliament on Wednesday 23 November 2016 http://www.walkerthompson.co.uk/newsletters/Newsletter-107#Autumn

TAX FREE CHILDCARE

HMRC have announced further details of the new Tax Free childcare scheme which is to be introduced in 2017
http://www.walkerthompson.co.uk/newsletters/Newsletter-107#Childcare

DEADLINE FOR ‘PAPER’ SELF ASSESSMENT TAX RETURNS

For those individuals who have previously submitted ‘paper’ self assessment tax returns the deadline for the 2015/16 return is 31 October 2016
http://www.walkerthompson.co.uk/newsletters/Newsletter-107#Deadline

INCREASE IN NMW RATES

The National Minimum Wage (NMW) is a minimum amount per hour that most workers in the UK are entitled to be paid. NMW rates increases came into effect on 1 October 2016
http://www.walkerthompson.co.uk/newsletters/Newsletter-107#NMW

VAT CLAIM ON COMPANY CARS ALLOWED

HMRC recently lost a first tier tribunal case on the recovery of VAT on the purchase of six cars
http://www.walkerthompson.co.uk/newsletters/Newsletter-107#VAT

UPDATED GUIDANCE ON GIFT AID

HMRC have updated their guidance for charities and community amateur sports clubs (CASC) on claiming Gift Aid on donations
http://www.walkerthompson.co.uk/newsletters/Newsletter-107#Updated

LIFETIME ISA

Following consultation the government has issued further details of the new Lifetime ISA account which is expected to be available from April 2017
http://www.walkerthompson.co.uk/newsletters/Newsletter-107#ISA