Legislation

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6 06, 2016

How to prepare for quarterly tax returns

By | June 6th, 2016|Legislation|Comments Off on How to prepare for quarterly tax returns

In our blog about the Dividend Tax rate 2016 we talked about the new quarterly tax returns. Understandably, it caused quite a stir among small business owners who are concerned about additional costs, effort and time to their already stretched days. […]

25 04, 2016

National Living Wage comes into force. And who looks after the kids?

By | April 25th, 2016|Legislation|Comments Off on National Living Wage comes into force. And who looks after the kids?

Today we’re sharing information about two processes you need to know about if you employ staff: The National Living Wage and Shared Paternity Leave. […]

18 04, 2016

Our new Spring newsletter is available to download

By | April 18th, 2016|Legislation|Comments Off on Our new Spring newsletter is available to download

The new financial year is the perfect time to think about reviewing your financial situation. As we’ve discussed in previous blogs, there are going to be a number of important changes this year, so it makes sense to be prepared. […]

1 04, 2016

What’s coming up for you in the new financial year?

By | April 1st, 2016|Legislation|Comments Off on What’s coming up for you in the new financial year?

We’ve shared two posts recently about announcements in the spring budget and how they might affect you. Many of the changes will not be coming into force until 2017 and beyond. For example, Corporation Tax will fall to 17% by April 2020, business rates will reduce from April 2017, and class 2 National Insurance contributions will be abolished from April 2018. […]

22 03, 2016

How the Spring Budget could impact you

By | March 22nd, 2016|Legislation|Comments Off on How the Spring Budget could impact you

Last week we wrote a blog post called “Spring budget 2016 – what it means for your small business” outlining how the new tax, business rates and NI contributions legislation could affect you. […]

16 03, 2016

Spring 2016 budget and what it means for your small business

By | March 16th, 2016|Legislation|Comments Off on Spring 2016 budget and what it means for your small business

Today at Safehands we were glued to the news as George Osborne delivered his eighth budget. He began by saying “the UK must act now to avoid paying later to deal with global economic turmoil.” […]

3 03, 2016

New rules for dividend taxation – what you need to know

By | March 3rd, 2016|Legislation|Comments Off on New rules for dividend taxation – what you need to know

New rules for dividend taxation, i.e. the new £5,000 dividend allowance; begins 6 April 2016. Currently most company directors pay themselves a small salary – up to the threshold – and take the rest of their money in the form of Dividends as this is the most tax efficient way of drawing income. […]

19 02, 2016

What an independent review of self-employment in the UK means for you

By | February 19th, 2016|Legislation|Comments Off on What an independent review of self-employment in the UK means for you

Last week, we wrote about the keynote speech given by George Osborne at the Federation of Small Business 2016 conference. He said that they were supporting businesses with the new Dividend tax rate 2016 and quarterly reporting. […]

26 11, 2015

How today’s autumn statement could affect your small business

By | November 26th, 2015|Legislation|Comments Off on How today’s autumn statement could affect your small business

Following our blog post on July’s ‘Emergency Budget’ we’re interested in how today’s autumn statement might affect small business owners like you. […]

6 10, 2015

How the new Health and Safety laws could affect your small business

By | October 6th, 2015|Legislation|Comments Off on How the new Health and Safety laws could affect your small business

Most changes to laws and legislations produce groans from small business owners – its one more box to tick, one more thing to add to your ever-increasing To Do list or one more thing to lose sleep over. […]