Our October newsletter brings information on the dividend allowance, a change of mind on Class 2 NICs, the decline in apprenticeships and a call for inheritance tax to be abolished. We also highlight ways to withdraw profit from your business tax efficiently and how your pension savings can help finance your business in our business updates.
Chancellor mulls abolishing dividend allowance
The Treasury is reportedly considering abolishing the dividend allowance in Autumn Budget 2018…..
Apprenticeships fall 31% in the last academic year
The number of people starting apprenticeships has dropped by 31% in the last 12 months, the Department for Education has claimed…..
Treasury shelves plan to scrap class 2 NICs
Chancellor Philip Hammond has opted to scrap the planned abolition of class 2 national insurance contributions (NICs)….
IPPR leads call to replace inheritance tax system
A think tank is calling for inheritance tax to be abolished, as part of a set of proposals for major reform to the UK tax system….
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Wishing you an Awesome October!
From Graeme, Sarah and all the team at SeavorChartered