July 2018 Newsletter

July …. All you need to know about what’s the latest happening with the apprenticeship levy, the call for the VAT threshold to be increased, how SMEs miss out on business savings interest, working pensioners pay £8.6bn in income tax ….

Calls increase for reform of ‘flawed’ apprenticeship levy
Pressure is mounting on the government to reform the apprenticeships system, following recent apprenticeship levy statistics …

‘Raise the VAT threshold to stimulate SME growth’
The Association of Independent Professionals and the Self-Employed (IPSE) has called for the VAT threshold to be increased, in response to a government consultation …

SMEs miss out on business savings interest
Small business owners could alleviate pressure on their cashflow by paying more attention to business savings interest, according to a report …

Working pensioners pay £8.6bn in income tax
Working pensioners are on course to pay £8.6 billion in income tax in 2018/19, according to Aegon …

Get in touch for tax planning advice.

Wishing you a continued sunny July!
From Graeme, Sarah and all the team at SeavorChartered

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