It’s National Payroll Week! The theme this year is “Driving Payroll Forward”, and in recognition of this we have a feature on a payroll client...
The Chancellor delivered his Autumn statement last Wednesday, this gave an idea of the tax changes we may expect next year. Key tax saving opportunities include:
50% income tax relief for anyone who has up to £100,000 to invest in a new business start up under a new Seed Enterprise Investment Scheme;
100% capital allowances for businesses in certain Enterprise Zones; and
Reduction in the rate of corporation tax from 26% to 25% but no further reductions announced.
Revell Ward Tip:
Our website www.revellward.co.uk will give further details on these and any other tax savings opportunities as they become available.