National Insurance: £2,000 Employment Allowance

The Government has announced that from 6 April 2014 a new “Employment Allowance” of £2,000 per year is available to many UK businesses to reduce their liability for Class 1 secondary NICs. An employer can claim the employment allowance if it is a business or charity (or community amateur sports club) that pays employer Class 1 NICs on employees’ or …

World Majors completed

Sunday 13th April saw me complete my quest to run the 6 World Marathon Majors. The journey has been an amazing roller coaster ride punctuated by events like the Boston bombings (over a year ago now), Hurricane Sandy not to mention numerous injury scares and visits to the treatment couch. Everybody told me that London would be amazing and it …

Hot Topic – Capital Allowances

Capital Allowances (“CAs”) are a very important tax benefit for commercial property owners.   Changes to the rules came into force on 1 April 2014 and introduced the ‘pooling requirement’ for any commercial property bought or sold after this date.  This means that the expenditure on assets qualifying for CAs within the property has to be identified and pooled/ documented. …

Final race

When, in the summer of 2011, I starting training for that October’s Chicago marathon I hadn’t really given any thought to attempting to complete all 6 World Marathon Majors in the following 2 ½ years! Then however, jealousy kicked in when I saw my running friend Andy’s World Marathon Majors certificate for completing all 5 and I wanted one! Little …

Strategic plans for businesses

An area where we find ourselves advising clients more and more is in putting together strategic plans for their businesses. It is our experience that businesses that understand the personal goals of the owners as well as the corporate goals of their business are usually the most successful. They are driven to achieve their goals as, unlike most businesses, the …