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Changes from April 2016

Here are some changes which may affect your planning from April 2016; Pensions- As from April 2016 there will be a reduction in the £40,000 annual pension allowance where income, including pension contributions, exceeds £150,000. The annual allowance will reduce…

Rise in Zero-hours contracts

In 2015 the number of workers on zero-hours contracts for their main job stood at 801,000 which was an increase by 104,000 since 2014. This mean that 2.5%o of the employed workforce are on Zero-hours contracts. This is the highest…

Housing prices continue to rise

According to Halifax housing prices were up by 9.7% in February compared with last years figures. As the demand for houses is greater that the number of homes on the market means it is pushing the prices up. Affordability The…

Xero Payroll changes

Xero payroll is helping many get ready for payroll year end in the UK. Xero have release updates to the Xero Payroll which should ensure payroll year end tasks are met. Updates such as; A P11 report is now available…

Housing sales decrease in April

According to surveyors across the UK, the number of people interested in buying a house fell to its lowest level for nearly eight years in April. Last month the number of inquiries dropped by 22% that is the highest figure…

Government warned over pension cut plan

The government plan to cut pension benefits to help save Tata Steel’s UK operations, however they have been warned that if they do so this could take ministers down a dangerous path. Ministers are considering changing the measure use for…

EU Referendum

A referendum is being held today, to decide whether Britain should leave or remain in the European Union (EU). A referendum is basically a vote in which nearly everyone of voting age can take part. Whichever side gets more than…

Extracting Profits From Your Business

Owning and running your business is a tough proposition but it is vitally important that people continue to do it. As well as the rewards that come from hard work and determination, there are also monetary benefits to running your…