Tax Tips & News

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01/04/2017

April Tax Tips & News

Welcome to the Vectis Accountants Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

Apprenticeship Levy

The new Apprenticeship Levy takes effect from 6 April 2017. Although the levy affects employers in all sectors, it will only be paid on annual pay bills in excess of Read More...

Change to Class 4 NIC rate reversed

The Government has confirmed that the proposed increase in the rate of Class 4 National Insurance Contributions, paid by the self-employed on profits from a business, will not now take effect from April 2018. Read More...

Registration for tax-free childcare opens

The long-awaited tax-free childcare scheme launches on 28 April 2017 and will be rolled out during the course of the year. In conjunction with this, the Read More...

Increase in the cash basis threshold

As announced at the 2017 Spring Budget, the threshold for traders using the cash basis for accounting purposes is increasing from 6 April 2017. Read More...

April questions and answers

Q. I have recently become aware that one of my employees has been selling my stock and pocketing the cash. As the money has never gone in the till, do I have to account for VAT on Read More...

April key tax dates

5 - End of 2016/17 tax year. Last day to use up your annual exemptions for capital gains tax, inheritance tax and Read More...

About Us

Vectis Accountants Accountants are based in Stockbridge & Isle of Wight, offering local business owners and individuals a wide range of services. All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website vectisaccountants.co.uk for more information.

Dairy Office Tiebridge Farm Houghton Stockbridge Hampshire SO20 6LQ

Vectis Accountants is a trading name of Vectis Accountants Ltd