Changes to Employers Allowance from April 2020

Havering Accountants, Trueman Brown, like to keep their client’s up-to-date with the latest developments. The employment allowance (EA) was introduced from April 2014, potentially cutting every employer’s NIC payments by allowing businesses and charities to...

The Principal Private Residence Rules change from April 2020

Upminster Accountants like to keep their clients up-to-date with the latest developments. In his Budget on 29 October 2018, the Chancellor outlined a number of changes to main residence relief. The changes affect the final period exemption and the availability of...

Payments on account for capital gains tax on properties

Local accountants and tax advisers, Trueman Brown, warn buy-to-let landlords to look at the new rules coming in from April 2020 relating to the capital gains tax on properties. From 6 April 2020 new rules apply to residential property gains liable to capital gains tax...

Employers, are you paying the Minimum Wage?

Local accountants and tax advisers, Trueman Brown, warn employers that the rates for National Living and Minimum Wages are to increase. The National Living Wage (NLW) and National Minimum Wage (NMW) increased from 1 April 2019. From that date, the NLW, payable to...

Employers – The effects of PAYE Settlements Agreements

A PAYE Settlement Agreement (PSA) enables the employer to pay the tax and National Insurance instead of the employee on those benefits and expenses included within the PSA. This can be useful to preserve the beneficial nature of the benefit, for example in respect of...