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Blog2020-01-21T18:49:08+00:00

Your Local Accountants in Slough

Salary Sacrifice

SALARY SACRIFICE – EXEMPTIONS AND LIMITATIONS Prior to 6 April 2017, salary sacrifice schemes or “optional remuneration arrangements” as described in the Finance Act 2017, were used to be a great option for reducing tax implications. However, after the new regulations put forth by HMRC, only a handful of benefits are [...]

By |January 24th, 2020|Categories: News|Tags: , , |

Privtae Pension Contribution For Director

PRIVATE PENSION CONTRIBUTION FOR DIRECTOR – WHAT MATTERS? By the time you may have contributed certain amounts into your employee’s pension fund as a part of government auto-enrollment, however, the future is uncertain for all be an employee or the director. Hence a thoughtful consideration is just needed for your pension [...]

By |January 24th, 2020|Categories: News|Tags: , , |

High Income Child Benefit Charge

HIGH INCOME CHILD BENEFIT CHARGE (HICBC) EXPLAINED High income child benefit charge (HICBC) laid down tax implication to households who receive Child Benefit where the adjusted net income of a taxpayer goes over £50,000 and either: person or his/her partner get child benefit someone else gets Child Benefit for a child [...]

By |January 24th, 2020|Categories: News|Tags: , , |

Chartered Accountant

Definition of Chartered Accountant Chartered accountant is an international accounting title fixed for accounting professionals in several countries in the world. The holder of this designation proves that he is qualified to file a business’s tax returns, audit financial statements, and supervise business practices and offer consultative services to his/her clients. [...]

By |January 22nd, 2020|Categories: News|Tags: , , |

DIRECTOR LOAN ACCOUNT

DIRECTOR LOAN ACCOUNT- WHY IT MATTERS? It is essentially important to understand the nature of the Director Loan Account (DLA), how it works and its concomitant factors. One must keep a record of any money owed or paid into the company. What is Director Loan Account?  When a director (or other [...]

By |December 17th, 2019|Categories: News|

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