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Blog

Working Tax Credit changes

26 March 2015

From 6 April 2015, all self-employed Working Tax Credit (WTC) claimants will need to meet new criteria. They must be able to meet a new qualifying remunerative work test for WTC that demonstrates that that they are trading on a commercial basis and their business is run with a view to achieving profits.

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Changes to business rates

18 March 2015

Business rates are charged on most non-domestic premises, including most commercial properties such as shops, offices, pubs, warehouses and factories. The rates are currently paid on around 1.8 million properties in England.

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Budget 2015 New personal savings allowance

18 March 2015

The Chancellor’s final hurrah of his last Budget before the general election was the announcement of a brand new tax relief for savers. From April 2016 a newPersonal Savings Allowance will be launched that will exempt 95% of taxpayers from paying tax on their savings.

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