Newsletter 112

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

ADVISORY FUEL RATES FOR COMPANY CARS

New company car advisory fuel rates have been published which took effect from 1 March 2017 - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-112#Fuel

YEAR END TAX PLANNING

With the end of the tax year looming there is still time to save tax for 2016/17. We have set out some points you may want to consider - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-112#Tax

WHAT WILL THE SPRING BUDGET BRING FOR BUSINESS?

With two Budgets in 2017, and the Spring Budget scheduled for Wednesday 8 March 2017, the Confederation of British Industry (CBI) have written to the Chancellor Philip Hammond outlining what they would like to see in the Budget proposals - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-112#Budget

SELF ASSESSMENT EXPENSE CLAIMS

HMRC have released a list of the most outlandish items which have been claimed as expenses - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-112#Expense

OVER £9.2 BILLION RELEASED BY PENSION FREEDOMS

Hundreds of thousands of savers have cashed in £9.2 billion from their pension pots since pension freedoms were introduced in April 2015 - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-112#Pension

NEW LIFETIME ISA

The Lifetime Individual Savings Account (ISA) is a longer term tax-free account that receives a government bonus. The accounts will be available from 6 April 2017 - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-112#ISA

CONSTRUCTION INDUSTRY - SUBCONTRACTOR VERIFICATIONS

HMRC have confirmed in the latest Employer Bulletin that changes will be made to the verification of subcontractors in the construction Industry Scheme (CIS) from 6 April 2017 - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-112#Construction

PROVIDING SERVICES TO A PUBLIC SECTOR - OFF PAYROLL WORKING

In the latest Employer Bulletin HMRC advise those providing services to a public sector client through their own limited company to ensure they are ready for the new rules which take effect from 6 April 2017 - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-112#Payroll

ADVISORY FUEL RATES FOR COMPANY CARS

New company car advisory fuel rates have been published which took effect from 1 March 2017 - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-112#Fuel