20th February 2017
Our lead stories for this edition are:
- Tax allowances: use them or lose them Tax year end is looming. You can be late with a return or tax payment, although there will be a penalty. However, sometimes just being a day late can cost you in terms of exemptions and reliefs.
- The last Autumn Statement What were the main takeaways from the new Chancellor’s first – and last – Autumn Statement?
- A round-up of payroll If you aren’t HM Revenue & Customs’ payrolling benefits in kind service for 2016/17, you need to register online before 5 April 2017 if you want to use it for 2017/18.
- Limits on pension contributions Higher earners are now subject to tight limits on how much they can pay into tax-relieved pension schemes. It’s essential to take care to avoid a substantial extra tax charge.
We hope you enjoy reading the newsletter at the link below. Please get in touch if you need help or advice on any of the topics covered.
Thompson Jenner LLP Spring 2017 newsletter
