June 5, 2019

According to HM Revenue & Customs ‘Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs’.

Their ambition is to become one of the most digitally advanced tax administrations in the world. Whilst also, it has to be said, narrow the ‘tax gap’ believe...

June 12, 2016

Since 6th April 2016, certain job related expenses paid for or reimbursed by an employer to an employee are exempt from tax and NI, e.g., business travel; subsistence; entertainment and subscriptions. Under rules prior to April this year, employees, including directors, are taxed on expenses reimbursed to them but can then make a claim for a tax deduction...

May 17, 2016

For 2016/17 the taxation of dividends has changed significantly, especially for the owner manager of a small company;

- Abolition of the tax credit

- A dividend tax allowance of £5,000

- Liability to tax is then 7.5% in the basic rate band, 32.5% in the higher rate band, and 38.1% in the additional rate band.


So, in 2016/17, assuming a low salary, high divid...

March 26, 2016

With the end of the 2015-2016 tax year finishing on the 5th April make contact to ensure your tax position for the year is optimised especially given the changes announced affecting 2016-2017 and beyond.


Beyond 5th April the finalisation of your self assessment for 2015-2016 as soon as possible could result in savings for those individuals who currently h...

Please reload

For personalised, professional and cost effective accountancy and
taxation support please call us on 01449 740 285 or email: 


© 2018 by March Consulting (East Anglia) Ltd.

  • Black Facebook Icon
  • Black Twitter Icon
  • Black Google+ Icon