Month: March 2018


Fit for Business

2018 for me is the year to get fit and raise some money for the mental health charity Mind while doing so. I am taking part in two major events this year. The first is on the 29th April running in the Frinton Half Marathon then on 29th July riding 100 miles on my bike

Company cars Taxable Benefit

Company Cars

Higher diesel supplement The appropriate percentage used to work out the taxable benefit in respect of a diesel company car is subject to a diesel supplement. From 6 April 2018, the diesel supplement is increased from 3% to 4%. The supplement will apply to all diesel cars registered on or after 1 January 1998 which

Dividend Allowance reduced

Dividend allowance reduced

The dividend allowance is reduced from £5,000 to £2,000 with effect from 6 April 2018. The dividend allowance is effectively a zero-rate band and dividends that are covered by the allowance are received free of tax. All individuals are entitled to a dividend allowance, regardless of whether they pay tax at the basic, higher or

Rates & Allowance changes

Rates and allowances

This month we are informing our clients about changes to rates and allowances. Make sure your business is up to date and have implemented the necessary changes: Personal allowance The personal allowance increases to £11,850 for the 2018/19 tax year. As for 2017/18, the personal allowance is reduced by £1 for every £2 by which