Important Changes to Settlement or Prompt Payment Discounts

With effect from 1 April 2015, the rules on prompt payment or settlement discounts are changing. The new rules will apply to any invoices raised from 1 April onwards. From this point, the full amount of VAT should be charged when the invoice is raised.  If payment is then received in time for agreed settlement […]

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Budget 2015 Summary

Here is the Budget 2015 summary in full. Our summary focuses on the issues likely to affect you, your family and your business. To help you decipher what was announced we have included our own comments. Towards the end of 2014, the government issued many proposed clauses to Finance Bill 2015, together with updates on […]

Highlights from the Budget 2015

“Britain, the Come Back Country” was how Mr Osborne described Britain in his last Budget before the General Election on 7 May.  Despite the Chancellor saying there would be no tax giveaways today, it’s fair to say that there were a “few rabbits being pulled out of the hat”, not least the announced death of […]

Tax Newsletter – February/March 2015

Welcome to this month’s Tax eNews. With the end of another tax year fast approaching, we take a look at some tax planning measures you may like to consider before 5 April. Click here to download the February/March 2015 Tax News If you have any concerns over your own tax position, please do get in […]

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