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Monthly Archives: April 2017

A note for driving instructor clients E and learner drivers

The Driver & Vehicle Standards Agency has released its response to a consultation with the industry to “Improve the car driving test”. In their conclusion they say: “This paper reports the outcome of the Driver and Vehicle Standards Agency’s (DVSA) … Continue reading

Posted in Business

New accounts filing regulations for smaller companies

Companies house recently published the following news story. Changes to UK company law removed the option for small companies to file abbreviated accounts for accounting periods starting on or after 1 January 2016. Small companies If you are a small … Continue reading

Posted in Business

What are your responsibilities to pay the National Minimum Wage

The current state defined wage rates are divided between the National Living Wage (NLW) – this is currently set at £7.50 per hour and only applies to workers aged 25 years and over – and the NMW for workers under … Continue reading

Posted in Business

Tax free capital gains

Is there such a thing as a tax-free capital gain? In fact, there is… Every UK resident tax payer is allowed to make tax-free gains of up to £11,300 during the current tax year, 2017-18. Additionally, you can sell personal … Continue reading

Posted in Business

Is the State Pension taxable

Short answer, yes it is… The State Pension is worth between £6,359.60 (the old version), and £8,296.60 (the new version), and many pensioners may receive additional payments based on additional contributions made in prior years. In both cases, this pension … Continue reading

Posted in Business