Summer Budget 2015: Key tax changes for entrepreneurs

Listen to an audio version of this Summary Budget 2015 round up of the key tax changes impacting on entrepreneurs or read the text version below: An audio download link is available at the end of this post! Reduction in Corporation tax Continuing George Osborne’s pledge to make the UK one of the single most … Read moreSummer Budget 2015: Key tax changes for entrepreneurs

Don’t forget National Insurance (NIC) holidays for business startups

If your UK business start-up was set up on or after 22 June 2010 then you may be eligible for a 12 month holiday from employer’s national insurance contributions – normally payable at a rate of 13.8% on employees’ and directors salaries in most cases. This incentive, aimed at boosting the number of business startups … Read moreDon’t forget National Insurance (NIC) holidays for business startups

National Insurance Contribution (NIC) Holiday Scheme for businesses – What’s it all about?

Yesterday saw the formal launch of the Regional National Insurance Contribution (NIC) holiday for businesses started between 22 June 2010 and 5 September 2013. This tax incentive announced in the June 2010 Emergency Budget allows for a 12 month break from paying employer’s national insurance contributions (currently 12.8% going up to 13.8% from 5 April 2011) on the … Read moreNational Insurance Contribution (NIC) Holiday Scheme for businesses – What’s it all about?

Conservative Manifesto – What does it mean for your business?

“Our ambition is to create the most competitive tax system in the G20 within five years.We will restore the tax system’s reputation for simplicity, stability and predictability.” David Cameron and the Conservative Party launched their manifesto for the impending May 2010 election today. So what were the key points for business? Emphasis is made of … Read moreConservative Manifesto – What does it mean for your business?