Head of our Payroll Team, Alan Simpson asks employers if their payroll is properly geared up for auto enrolment, with guidance on what JRW can do to help. As an employer, you will be very aware that if you employ at least one member of staff, then you have legal duties, including enrolling those who...

If you are the Director of a company, you will know that the taxation of dividends and benefits in kind has changed quite significantly in recent times. So, if you are considering taking more income from your company, which option should you choose for maximum tax efficiency? But before we do that, let’s look at...

You should of course seek to minimise the amount of Capital Gains Tax that you pay when you sell a property, tax specialist Steven Turnbull takes a closer look at how to achieve this. Capital Gains Tax (CGT) becomes payable when you sell an asset such as a business, a second property, shares or an...

The European General Data Protection Regulations (GDPR) will come into force next May with increased requirements for data security and individuals’ rights regarding it, along with increased penalties for getting it wrong. Kevin Ferguson takes a closer look at the implications along with 12 steps that you need to take now. Despite Brexit, the UK...

With some important news about impending changes to our business and how these will affect clients, Kevin Crowford provides the background and introduces you to our new financial services partners. Our two Financial Advisers in the company, Jim Petrie & Mike Ellis, would now like to start preparing for their eventual retirement which means that...

When it comes to Auto Enrolment, there are duties that all new employers will have to comply with from the 1st October 2017, in an update to his original article on the topic, Alan Simpson takes a closer look at this development. If you are a new employer, there are tasks that you must complete...

In this article, Steven Turnbull examines the impact of HMRC’s Making Tax Digital on Landlords in particular and encourages those of you to be prepared! Making Tax Digital is HMRC’s project to transform the tax system and is famously associated with the claim that we will see the end of the annual tax return. However,...

If you are an employer who provides a company car to your employees, we thought it would be interesting to quantify the actual Class 1A NIC cost to you. Kevin Ferguson takes a closer look. Businesses that choose to provide their employees with taxable benefits such as company cars, health insurance and so on, will...

When it comes to making gifts, timing is the difference between paying Inheritance Tax or not. Making gifts, especially if they are sizeable, usually reduces the potential Inheritance Tax bill on your estate as long as you survive seven years. But there are some rules that can mean that this won’t always be achieved. Kenny...

The 2015 Budget heralded the most radical changes to private pensions in a generation. But the tax treatment of lump-sum withdrawals means that many people are paying too much under bizarre pension tax rules. Steven Turnbull investigates. This relatively new found freedom and choice in pensions means that you no longer have to purchase an...