The deadline has been extended for employees (including directors) to enter into a salary sacrifice arrangement and receive employer supported childcare vouchers. In some circumstances these vouchers will save more tax than if the parent opened a Tax Free Childcare account. The savings differ from family to family depending on the exact circumstances and the […]

  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 […]

Over recent weeks at Balance, we have been keeping an eye on developments regarding the new Start Up Loan Scheme for Young Entrepreneurs. The scheme was outlines in the 2012 Budget; it has been confirmed that the scheme will be piloted in partnership with the National Youth Enterprise Working Group. Based on the current student […]