Monthly Archives: March 2017

The 2017 Spring Budget

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  The chancellor, Philip Hammond, has delivered his first budget, with expected growth on the rise from 1.4% to 2% for 2017. Here are some of the key points mentioned.   Personal Taxation The main rate of class 4 national … Continue reading

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Flat rate changes for limited cost traders

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The VAT flat rate scheme (FRS) for limited cost businesses is set to increase to 16.5% from the current rate of 14.5%, this will take effect from 1st April 2017 based on the defined criteria for a limited cost trader. … Continue reading

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Tax-Free Childcare Changes

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The government’s new tax-free childcare scheme launches this year, providing working parents and self-employed workers with another option for tax savings on their childcare. Eligible parents will be able to open online childcare accounts to make payments directly to their … Continue reading

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