Tax Archives - Gloucestersphere

In Budget, Capital Gains Tax, Employment tax, General, Individuals, Owner managed businesses, Pensions, Property, Start up, Tax planning

Posted October 30, 2018

Budget 2018 – How will you and your business be affected?

On 29 October 2018 the Chancellor presented the Autumn 2018 budget. Businesses Annual Investment Allowance (AIA) The Annual Investment Allowance (AIA) provides 100% tax relief on certain capital [...]

Claiming child benefit? Should you complete a tax return?

The High Income Child Benefit Charge (HICBC) was introduced in January 2013. It relates to the clawback of child benefit for those with income in excess of £50,000 per year. Who does it apply to? [...]

Are you entitled to the new Tax Free Childcare?

Tax free childcare is a new HMRC scheme that offers working families in the UK support toward childcare costs. What is it? HMRC will top up every payment of 80p with an extra 20p up to the [...]