High income child benefit charge and state pension

We recently looked at tax planning to minimise or eliminate the high-income child benefit to keep both husband and wife (or civil partners) looking after a child below the £50,000 threshold. Where the income of one of the individuals exceeds £60,000 such that the...

New workplace pension limits from 6 April 2019

The amounts that employers and workers will be required to pay into workplace pensions are due to increase from 6 April unless the worker opts out. The new limits will be 5% from the worker and 3% from the employer. The total minimum contribution will, therefore,...

No deal Brexit – what about VAT?

The Government and HMRC have updated its collection of high-level guides called “partnership packs”, intended to help businesses involved in importing and exporting prepare for changes to customs procedures after 29 March 2019 in the event of a “no deal” scenario. If...

Does money really motivate employees?

We all work to get paid but is money alone enough to motivate your employees? Regardless of the type of business you run, you need to pay your employees fairly and in line with your competitors. If you don’t pay your people in line with the market, it can act as a...

Things to stop doing in 2019

Many of us will have made a new year’s resolution for 2019. Perhaps we want to learn a new language, get in shape or spend more time with our family. The start of a new year is also a good time to decide what you’re not going to do in the office this year. Stop trying...