Month: October 2018

Autumn Budget 2018 Annual Investment Allowance

Autumn Budget 2018 Annual Investment Allowance The Autumn Budget in 2018 confirmed the following changes to the annual investment allowance: Annual Investment Allowance – what is it? The annual investment allowance is a tax relief for the purchase of assets such as plant and machinery. When certain qualifying expenditure is purchased the amount can be …

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Autumn Budget 2018 National Insurance

Autumn Budget 2018 National Insurance The Autumn Budget in 2018 confirmed the following changes to National Insurance: Employment Allowance The employment allowance was established several years ago to assist businesses with a reduction in their National Insurance bill. Employers can deduct up to £3,000 from their employer National Insurance contributions. To assist only smaller businesses …

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