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INSURANCE PREMIUM TAX (IPT) TO RISE BY OVER 50 PERCENT!

As the Chancellor announced his budget this week, the insurance industry was hit with the news that insurance premium tax (IPT) would be increased by over 50% from 6% to 9.5%! Eleanor Moore, Personal Lines Manager at C&C Insurance Brokers commented, “This increase will affect our … [Read more...]

AUTO ENROLMENT HITS SMALL ENTERPRISES

Auto-enrolment is set to hit small enterprises but why is it happening? Accountants and financial planners Clarke Nicklin suggest - 'the Government owes in excess of £890 billion and can no longer afford to support the UK’s ageing population, and also £7 million of us are not … [Read more...]

VERNON REPORT HUGE GROWTH IN MORTGAGES, YEAR-ON-YEAR

Stockport's Vernon Building Society are reporting a huge increase as they approved 48% more mortgages in May by value when compared to the same period last year, coinciding with the release of the British Bankers’ Association’s monthly report which revealed a 14-month high in UK mortgage … [Read more...]

2015 BUDGET SUMMARY FROM CLARK NICKLIN

Chancellor George Osborne has delivered the first Budget by a wholly Conservative government in almost 20 years. The March 2015 Budget provided some clues as to possible new measures and of course, the Conservative election manifesto contained a wide range of commitments to be introduced during … [Read more...]

JULY TAX TIPS AHEAD OF CLARKE NICKLIN’S POST BUDGET SEMINAR

Stockport Accounts and Financial practice Clarke Nicklin have published July's tax tips ahead of their post-budget seminar taking place at their Cheadle Roya offices this Thursday morning. Tax Reconciliation HMRC has started the tax reconciliation process for the majority of taxpayers who are … [Read more...]

BENNETT VERBY 2015 BUDGET SUMMARY

Summary Chancellor George Osborne has delivered the first Budget by a wholly Conservative government in almost 20 years. The March 2015 Budget provided some clues as to possible new measures and of course, the Conservative election manifesto contained a wide range of commitments to be introduced … [Read more...]

HALLIDAYS 2015 BUDGET SUMMARY

Main Budget tax proposals  New taxation system for dividend receipts for individuals. Proposals to restrict interest relief for 'buy to let' landlords. Extension to the inheritance tax nil rate band available. Other tax changes An announcement of the amount of the Annual Investment … [Read more...]

BOOTH AINSWORTH 2015 BUDGET SUMMARY

In a much anticipated budget speech the Chancellor had a difficult balancing act to please an electorate expecting tax cuts, whilst meeting the massive commitment to reduce welfare spending by up to £12 billion. By spreading the welfare cuts over more than the two years planned, he has … [Read more...]

CUSTOMERS FIRST AT STOCKPORTS CFG LAW

New member to Marketing Stockport, Cheadle based Freeclaim Solicitors, specialist injury lawyers, are putting their customers first and have rebranded and relaunched as CFG Law (part of the client first group). Left: CFG Law's new offices at Cheadle Royal Business Park Keen to make their mark … [Read more...]

HALLIDAYS EXPAND THEIR GLOBAL NETWORK

Hallidays, Stockport, known for their client support, join Russell Bedford as the network’s Manchester area member. Russell Bedford, the global network of independent firms of accountants, tax advisers and business consultants is ranked as one of the world’s top accounting networks. … [Read more...]