From 6 April 2016 new rules were introduced to allow employers to provide their directors and employees with certain “trivial” benefits in kind, tax-free. The new rules are a simplification measure so that certain benefits in kind will not need to be reported to HMRC, as well as being tax free for the employee. […]

  The Savings (Government Contributions) Bill is currently making its way through Parliament, having had its second reading in the House of Commons on 17 October 2016. Broadly, if enacted, the Bill will introduce two new schemes – the lifetime ISA and Help-to-Save – both of which are designed to support more people as they […]

Sorry – this is a long post, but important, so please bear with it. As part of the reforms to the welfare system, from 7 January 2013, Child Benefit will be withdrawn from households that include certain high earners. You would think that a withdrawal of a benefit would mean that less money was paid […]