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Premier Accountants & Tax Advisors
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Todays Headlines
Improvements Announced to State Pension Scheme
January 2009
The DWP announced last week that the Government is proposing an amendment to the Pensions Bill which will allow some people to make up to six additional years of voluntary (Class 3) NI contributions in addition to those permitted under existing time limits.
Intestacy Rules
January 2009
The Ministry of Justice has announced an increase in the amount of the statutory legacy on intestacy. The statutory legacy is the amount which an individual is entitled to receive from the estate of their husband, wife or civil partner where the individual has not made a Will.
Bank of England Reduces Bank Rate by 0.5%
January 2009
The Bank of England reduced the bank rate by 0.5% to 4.5% with effect from 8 October 2008.
Shopping on the Internet
January 2009
HMRC have updated their guidance on buying goods on the internet explaining when duty and / or VAT will need to be paid.
Gift Aid Form Amended
January 2009
HMRC have updated their model Gift Aid declaration form for charities and community amateur sports clubs to reflect the reduction in the basic rate of tax from 22% to 20% from the beginning of this tax year.
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Tel: 0121 448 1658
0121 226 8876
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