Tax

Auto Enrolment Contribution Rates By law, on 6 April 2018, Employers are required to increase the amount of their minimum auto enrolment contributions into their staff's automatic enrolment pension to at least of 2% of qualifying earnings. Members of staff will have to pay the shortfall needed to make the total minimum contribution up to 5%, therefore their minimum...

Q. I have a client who wishes to gift his sole trade business to his son.  No consideration will be paid by the son.  What is the position with the trading stock?  Will this trigger a tax charge? A. If a person permanently ceases to carry on a...