2nd June 2017
Our lead stories for this edition are:
- Unpacking the new Lifetime ISA The latest addition to the ISA family was launched in April to help with purchase of a home or as a retirement savings vehicle. Providing you meet the criteria, it may be a useful addition to your savings portfolio.
- New cash basis for property income Many more small businesses can use the simplified cash basis of calculating profits following a big increase to the entry limit. Could this benefit you?
- IR35 in the public sector Changes to the tax rules for personal service companies in the public sector have been controversial.
- Warning – two pensions-related changes Bear in mind some upcoming changes: restrictions on pension contributions and self-employed class 2 national insurance contributions.
We hope you enjoy reading the 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 Summer 2017 newsletter
