Who Cares?….Watkinson Black Do!
We pride ourselves on having the expertise to not only help clients with specific matters but also in terms of business development and planning. We have a clear vision and purpose embedded within the ethos of our practice and our mission is to provide a professional and friendly service for our clients and, with succession … Continue reading Who Cares?….Watkinson Black Do!
Company cars – advisory fuel rates from 1 March 2014 If an employer provides a car to an employee then a benefit in kind arises. A further benefit arises if the employer pays for the fuel that is used in the car. However, this second benefit can be avoided if an employer reimburses the employee … Continue reading Fuel Reimbursement For Company Cars
Once in a while we get a VAT case that underlines the stupidity of a tax that raises billions and gives back 90%, but with a potential to cause injustice and misery on its way. Several years ago we had the Jaffa Cakes case, which needed to decide whether a Jaffa cake was a cake … Continue reading Is Bridge a Game or a Sport?
The government have announced the October increases in the national minimum wage. From October the new rate for 21 year olds and older will increase by 19p an hour to £6.50, an increase of 3%. At the same time the rate for 18 to 20-year-olds will go up by 10p to £5.13 an hour, and … Continue reading Government announces October increases in the national minimum wage
In past years we have frequently advised directors who are also shareholders to pay an amount in salary up to the NIC lower earnings limit, and to reward themselves in the form of dividends on the shares held. This is because salaries paid above this limit resulted in a Corporation Tax saving of 20%, but … Continue reading Changes to tax and NI on Director/Shareholder Rewards