Articles
Workplace Pension Re-Enrolment
Re-enrolment and Re-declaration Every three years you must put qualifying employees who have left your workplace pension scheme back into it. This involves re-assessing employees who have opted out of the workplace pension scheme and putting them back into it if they are eligible. Who...
Temporary Increase in Annual Investment Allowance
Temporary Increase in Annual Investment Allowance HMRC has announced a temporary increase in in the Annual Investment Allowance (“AIA”) which will mean significantly faster tax relief on purchases of plant and machinery from 2019. The Government has increased the AIA from £200,000 to £1,000,000 for...
How Easter is Celebrated Around the World
Easter wouldn’t be the same without the Easter Bunny, Easter eggs and hot cross buns, but in different parts of the world Easter is celebrated in various ways. Although Easter is a religious holiday, some of its customs are linked to pagan traditions and we...
Inheritance Tax (IHT) – Tax Free Gifts
What Constitutes a Gift? For IHT purposes, a gift is anything of value, be it property, possessions or money. A loss in value is also counted as a gift for IHT purposes (i.e. if you sell your house to your child for less than it...
Dynamic Coding – Employers Liable if Tax Code Changes Not Implemented
S4B team S4B are a team of Chartered Accountants based in Maidenhead. We pride ourselves in keeping our clients up to date and fully compliant with all the latest legislation changes. Let us do your payroll for you and take away the headache of ever...
Self-Assessment Payment on Account Due 31st July 2019
Same or next day • online or telephone banking • CHAPS • debit or credit card online • at your bank or building society or the Post Office You need a paying-in slip from HMRC to pay at a bank or building society. 3 working...
Scam Calls Purporting to be from HMRC
How to Protect Yourself from Scam Calls HMRC has issued the following guidelines on how to identify scam calls: You’ll never get an email, text message or phone call from HMRC which: tells you about a tax rebate or penalty asks for your personal or...
The Benefits of a Business Advisor
New ideas and opinions One of the main advantages of having a business advisor is the introduction of new ideas and opinions. They can give you an insight into what is working and what is not, and more importantly what to do about it –...
P11D Expenses and Benefits for Tax Year 2018 to 2019
Reporting and Paying At the end of the tax year you need to submit a P11D form to HMRC for each employee you’ve provided with expenses or benefits. You’ll also need to submit a Form P11D(b) if: • you’ve submitted any P11D forms • you’ve...
How Easter is Celebrated Around the World
USA The White House Easter Egg Roll is a tradition that dates back to 1878. Originally, young children would flock to Capitol Hill, Washington DC on Easter Monday to roll eggs and have a day of fun and activities. Members of Congress grew tired of...