Tax Tips & News

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01/01/2017

January 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!

Changes to the VAT flat rate scheme

In a surprise announcement in the 2016 Autumn Statement, the Chancellor announced that changes are to be made to the existing Read More...

Abolition of Class 2 NICs

Originally announced at Budget 2016, the 2016 Autumn Statement confirmed that Class 2 National Insurance Contributions (NICs) will be abolished from April 2018, hopefully achieving the desired effect of simplifying Read More...

Company cars: ultra-low emissions vehicles

At Budget 2016, the government said it would consult over the summer on changes to the ultra-low emission vehicles (ULEV) bands for taxing company cars to Read More...

Disguised remuneration and the self-employed

Following the announcement in the Autumn Statement, HMRC have published the details of a measure designed to tackle the future use of avoidance schemes currently being Read More...

January questions and answers

Q. I am thinking of renting out a small outbuilding that I own to a friend so that he can store his work equipment in it when he's not using it. The rent is likely to be less than Read More...

January key tax dates

1 - Due date for payment of Corporation Tax for the year ended 31 March 2016 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