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TAX FREE DRIVING

4th April 2016
Are you missing out on tax free mileage allowances? by John Craig MA CA The AA estimates that the true cost of running a £25,000 car for 15,000 miles per year is 61p per mile – a figure which demonstrates just how stingy HMRC’s mileage rates of 45p and 25p really are. So if you...

THE NATIONAL LIVING WAGE

1st April 2016
Discussing how the new National Living Wage will affect employers By Alan Simpson, Associate As you’ll  no doubt be aware, the National Living Wage was introduced on the 1st April 2016 for all working people aged 25 and over at a rate of £7.20 per hour. All workers aged 25 or over and not in...

A GOOD INHERITANCE

21st March 2016
With more and more people now facing an Inheritance Tax charge on their estate, good planning can protect your estate from the taxman. By Kenneth Logan, MA (Hons) CA Inheritance Tax (IHT) is paid if a person’s estate (their property, money and possessions) is worth more than £325,000 when they die. This is called the...