UK Budget 2016 – How does it affect you?
March 13, 2017
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Make It Count

Welcome!

The new year is a great time to get up to date and compliant with your
business finances.

123Reg found that entrepreneurs are more likely to set up a new business
in January than any other month of the year. If this applies to you, our
guidance on page 4 compares two business structures.

Whether you are new to business or well established, bad debt can affect you.

Read our article on page 2 for tips on how to get paid.

Another thing we want to avoid is costly penalties, hence the focus of this
issue on compliance for VAT, CIS and Pension Auto Enrolment.

Finally, among other Autumn Budget 2017 updates (see page 4) the increase
in the capital gains tax annual exemption to £11,700 in April 2018 may
prompt you to consider selling property. We discuss reliefs available on page 3.

Please feel free to contact us for advice on your specific circumstances.

Marcus Smart, Senior Partner

Read More – Your quarterly newsletter from Smart Accountants Coalville Ltd

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