Uncategorized Archives - JSR Chartered Accountants

Autumn Budget 22 November 2017 – Key Points

admin — Wed, 22 Nov 2017 13:55:56 +0000

Hammonds ‘Balanced approach’ – the key points: Business £500m to go towards a 5G mobile network, fibre broadband and AI 1% increase in Benefit in Kind on diesel company cars Vehicle Excise Duty to go up by 1 band from 2018 on cars that don’t meet the standard Northern Ireland Extra £650m to …

Continue reading "Autumn Budget 22 November 2017 – Key Points"

The post Autumn Budget 22 November 2017 – Key Points appeared first on JSR Chartered Accountants.

Key Points Spring Budget 2017

admin — Fri, 10 Mar 2017 11:23:27 +0000

The Spring budget was presented by Mr Philip Hammond on 8th March 2017. A summary of the main points are noted below: Class 4 National Insurance to increase from 9% to 10 % in April 2018 and to go up to 11% in April 2019. All class 4 earnings above £43,000 will continue …

Continue reading "Key Points Spring Budget 2017"

The post Key Points Spring Budget 2017 appeared first on JSR Chartered Accountants.

Married Couples Allowance

admin — Fri, 25 Mar 2016 14:45:05 +0000

Transfer unused tax allowance to save up to £212.00 in tax year 2015/16 If you are a married couple or are in a civil partnership, you may qualify for couples tax relief worth up to £212 in 2015/16. Who does this apply to? This tax relief is available to married couples and couples in a …

Continue reading "Married Couples Allowance"

The post Married Couples Allowance appeared first on JSR Chartered Accountants.

Budget 2016 – Key Points

admin — Fri, 18 Mar 2016 11:39:09 +0000

Sugar levy on soft drinks This aims to raise £520m in a two-part levy on companies – one for total sugar content above 5g per 100ml and one for drinks with more than 8g per 100ml – to be introduced in two years’ time. Pure fruit juice and milk are excluded. It will be used …

Continue reading "Budget 2016 – Key Points"

The post Budget 2016 – Key Points appeared first on JSR Chartered Accountants.

National Living Wage

admin — Mon, 08 Feb 2016 13:25:27 +0000

From the 1 April 2021 the National Living Wage (NLW) for workers aged 23 (previously 25) and above will increase to £8.91 per hour. The current National Minimum Wage for those under the age of 23 will continue to apply and the rates set from 1 April 2021 can be found here National Minimum Wage Rates . Previous posts… The …

Continue reading "National Living Wage"

The post National Living Wage appeared first on JSR Chartered Accountants.

Budget 8 July 2015 – Key Points

admin — Wed, 08 Jul 2015 13:09:31 +0000

Todays budget at a glance Welfare and pensions Working age benefits to ne frozen for four years, including tax credits and local housing allowance Rents in social housing sector will be reduced by 1% a year for the next four years Higher-income households in social housing will be required to pay rents at the …

Continue reading "Budget 8 July 2015 – Key Points"

The post Budget 8 July 2015 – Key Points appeared first on JSR Chartered Accountants.

Budget 2015 – The Key Points

admin — Wed, 18 Mar 2015 14:23:43 +0000

The Key Points from todays budget are: Personal tax-free allowance will be increased to £10,800 in April 2016, and to £11,000 in April 2017. Beer duty to be cut for the third year running, with 1p off the price of a pint. Cider duty to be cut by 2%. Duty on scotch whisky and other …

Continue reading "Budget 2015 – The Key Points"

The post Budget 2015 – The Key Points appeared first on JSR Chartered Accountants.

BUDGET 2014 THE KEY POINTS

admin — Wed, 19 Mar 2014 16:37:49 +0000

PERSONAL TAX The Personal Allowance will increase from £9,440 to £10,000 from April 2014 and to £10,500 from April 2015 Threshold for 40p income tax is to rise from £41,150 to £41,865 next month and by a further 1% to £42,285 next year. Inheritance Tax waived for members of emergency services who give their …

Continue reading "BUDGET 2014 THE KEY POINTS"

The post BUDGET 2014 THE KEY POINTS appeared first on JSR Chartered Accountants.

Bookkeeping software – The mind boggles!

admin — Wed, 07 Aug 2013 12:04:44 +0000

So you are at the point now where your business needs a computerised bookkeepping package, but where to start and what to choose? We are increasingly finding that our clients are needing this more than ever now, and its all good! Although it seems like just another time consuming hassle, it means their business is growing! …

Continue reading "Bookkeeping software – The mind boggles!"

The post Bookkeeping software – The mind boggles! appeared first on JSR Chartered Accountants.

Single Use Carrier Bag charge – VAT implications (Part 2 )

admin — Fri, 26 Apr 2013 11:00:16 +0000

What happens if a retailer charges the customer more than the minimum 5 pence for a single use carried bag? If we look an example where a retailer charges 12 pence for a single use carrier bag. The full amount of the 12 pence is subject to VAT. The “net sale” would amount to …

Continue reading "Single Use Carrier Bag charge – VAT implications (Part 2 )"

The post Single Use Carrier Bag charge – VAT implications (Part 2 ) appeared first on JSR Chartered Accountants.