2015/2016 UK Tax Data Bank For Small Businesses

Income Earned As Salary:  Annual Earnings Income Tax EmployeesNI Total Deducted Your Employer Also Pays £ Nil – £8,060 0% 0% 0% 0% £8,061 – £10,600 0% 12% 12% 13.8% £10,601 – £42,385 20% 12% 32% 13.8% £42,386 – £100,000

Read More »

How you will be taxed in 2015/16

The tax year will end on 5th April, with the Chancellor’s budget now behind us, we know how we will be taxed in the new tax year. He announced that more than 17 million people will no longer have to

Read More »

Tax: The Basics, Make Sure You Don’t Over Pay!

Getting the basics right is often the most important thing. Sometimes we overcomplicate things, thinking about all the clever difficult things we could do and ignoring the basics, so here are some simple basic tax planning ideas.

Read More »