Scott & Wilkinson Blog | Archive 2014 04
Please select a news item listed below which may be of interest to you. Alternatively, please review our archives at the bottom of the page by year. If any of them are of interest and you require more information, please do not hesitate to contact the office.
Self employed taxpayers warned on NIC Debts
Date: 02/04/14
People with unpaid national insurance contributions (NICs) are warned that private debt collectors could be used to recover the money they owe to HM Revenue and Customs (HMRC). People paying tax through Pay As You Earn (PAYE) as an employee, or who... Read More
SSP no longer reclaimable from Government
Date: 23/04/14
Businesses are reminded that the ability to reclaim Statutory Sick Pay (SSP) in certain circumstances under the Percentage Threshold Scheme (PTS) has been abolished. The Government withdrew the scheme from 6th April in order to establish a new... Read More
UK Inheritance rates among highest in the world
Date: 11/04/14
Families are reminded of the importance of inheritance tax planning after new research revealed that the UK has one of the highest rates in the world. The threshold at which inheritance tax (IHT) becomes payable in the UK is currently £325, 000,... Read More
Annual Investment Allowance doubled to £500,000
Date: 01/04/14
Businesses looking to invest in new plant or machinery need to consider bringing forward their capital expenditure in order to take advantage of a generous doubling of tax relief available on their purchases. In his Budget speech, Chancellor George... Read More
