Boost Bristol networking event for small business owners. Topics how to create powerful presentations and confidence tips to public speaking. March 2017
The budget document discusses the key changes from Budget 2019 that will impact pensions, protection, and investment clients. The main points are:
- The State Pension will increase by €5 per week. The Christmas bonus for social welfare recipients will be restored to a double payment.
- The DIRT tax rate will decrease to 35% in 2019 and 33% in 2020. However, there was no change to the exit tax rate on life assurance policies.
- Income tax bands will increase slightly. The USC rate will decrease to 4.5% and thresholds will increase.
- The CAT threshold for children inheriting from parents will increase to €320,000. No other CAT changes were made.
The following blog focuses on a number of areas in relation to the 2014-15 budget that will be of interest to human resources and payroll professionals.
This document summarizes the key tax proposals from the UK's 2015 budget. Some of the main points included increased personal tax allowances, the introduction of a personal savings allowance, changes to ISAs and pensions, and potential reforms to business property taxes. The budget aims to support growth and job creation through tax cuts and incentives for savings and home buying.
Spring Budget Summary for Motor IndustrySteve Freeman
The budget document outlines changes to personal tax allowances, national living wage, class 4 national insurance contributions, dividend allowance, private fuel benefit-in-kind, corporation tax, and VAT relief for disabled drivers. The personal allowance and higher rate threshold will increase in 2017-2018. The national living wage is set to rise to £7.50 per hour in April 2017. Class 4 national insurance contributions for the self-employed will rise over the next two years. The dividend allowance will be reduced to £2,000 from April 2018. Corporation tax rates will continue to decrease through 2020. VAT relief on car purchases for disabled drivers will be further restricted.
Business Predictions for The Autumn Budget 2021The IMCs Ltd
The second Budget in will be announced alongside a spending review on October 27. With the UK still recovering, what could be in this announcement for small businesses? The government will be looking at where to spend and invest – and also where to plug its financial gaps. The Chancellor has already announced a £500 million Plan for Jobs extension to help people back into work.
The document provides a summary of key measures from the UK Budget 2015, including changes to income tax rates and allowances, corporation tax, employment allowance, annual investment allowance, research and development tax credits, trivial benefits-in-kind, self-employed national insurance contributions, farmers averaging, construction industry scheme, VAT rates, capital gains tax for non-UK residents, seed enterprise investment scheme, pensions, business rates, and the annual tax on enveloped dwellings. The summary is intended as a basic guide and specific advice should be obtained for individual circumstances.
1) The document summarizes auto-enrollment duties for workplace pensions that will take effect from October 1st 2017, requiring employers to enroll new employees who meet certain criteria into a pension scheme.
2) It provides an overview of the minimum contribution requirements for employers and employees into pension schemes.
3) Additionally, it mentions that the tax-free dividend allowance will be reduced from £5,000 to £2,000 starting in April 2018.
The budget document discusses the key changes from Budget 2019 that will impact pensions, protection, and investment clients. The main points are:
- The State Pension will increase by €5 per week. The Christmas bonus for social welfare recipients will be restored to a double payment.
- The DIRT tax rate will decrease to 35% in 2019 and 33% in 2020. However, there was no change to the exit tax rate on life assurance policies.
- Income tax bands will increase slightly. The USC rate will decrease to 4.5% and thresholds will increase.
- The CAT threshold for children inheriting from parents will increase to €320,000. No other CAT changes were made.
The following blog focuses on a number of areas in relation to the 2014-15 budget that will be of interest to human resources and payroll professionals.
This document summarizes the key tax proposals from the UK's 2015 budget. Some of the main points included increased personal tax allowances, the introduction of a personal savings allowance, changes to ISAs and pensions, and potential reforms to business property taxes. The budget aims to support growth and job creation through tax cuts and incentives for savings and home buying.
Spring Budget Summary for Motor IndustrySteve Freeman
The budget document outlines changes to personal tax allowances, national living wage, class 4 national insurance contributions, dividend allowance, private fuel benefit-in-kind, corporation tax, and VAT relief for disabled drivers. The personal allowance and higher rate threshold will increase in 2017-2018. The national living wage is set to rise to £7.50 per hour in April 2017. Class 4 national insurance contributions for the self-employed will rise over the next two years. The dividend allowance will be reduced to £2,000 from April 2018. Corporation tax rates will continue to decrease through 2020. VAT relief on car purchases for disabled drivers will be further restricted.
Business Predictions for The Autumn Budget 2021The IMCs Ltd
The second Budget in will be announced alongside a spending review on October 27. With the UK still recovering, what could be in this announcement for small businesses? The government will be looking at where to spend and invest – and also where to plug its financial gaps. The Chancellor has already announced a £500 million Plan for Jobs extension to help people back into work.
The document provides a summary of key measures from the UK Budget 2015, including changes to income tax rates and allowances, corporation tax, employment allowance, annual investment allowance, research and development tax credits, trivial benefits-in-kind, self-employed national insurance contributions, farmers averaging, construction industry scheme, VAT rates, capital gains tax for non-UK residents, seed enterprise investment scheme, pensions, business rates, and the annual tax on enveloped dwellings. The summary is intended as a basic guide and specific advice should be obtained for individual circumstances.
1) The document summarizes auto-enrollment duties for workplace pensions that will take effect from October 1st 2017, requiring employers to enroll new employees who meet certain criteria into a pension scheme.
2) It provides an overview of the minimum contribution requirements for employers and employees into pension schemes.
3) Additionally, it mentions that the tax-free dividend allowance will be reduced from £5,000 to £2,000 starting in April 2018.
The document summarizes the key points from an HMRC presentation on Making Tax Digital and the Charity Tax Group conference. Some key points include:
- MTD will require charities registered for VAT to digitally submit their VAT returns through compatible software from April 2019.
- MTD for VAT aims to make tax administration more efficient by integrating tax records digitally and in real-time.
- The goals are to help businesses get their tax right the first time and reduce the tax gap.
- Charities and their advisors should talk to their software providers and HMRC to understand the changes and consider participating in the MTD VAT pilot.
A review of the 2017 Spring Budget and the impact it may have on individuals and businesses in the South West. Plus, an insight into HMRC's Making Tax Digital initiative.
We are here at KPMG to facilitate the smooth operation of the tax system that funds government services and aims for equality and well-being. As expat tax advisors, our role is to help individuals and enterprises comply with tax laws and pay the taxes that support Australia's communities. We assist clients such as executives living abroad or those with complex tax affairs to understand and fulfill their tax obligations so they can focus on their work.
Our summer newsletter's cover articles look at planning for the reduction in the dividend allowance and highlight that another tax rise will be with us soon. Check out these articles and lots more!
The document summarizes key changes from the UK budget including:
1) Increases to the personal tax free allowance to £11,000 and the higher tax threshold to £43,000. The employment allowance for class 1 national insurance contributions will increase to £3,000 and capital allowance will increase to £200,000.
2) Changes to dividend taxes including a £5,000 tax free allowance and tax rates of 7.5% for basic rate taxpayers and 32.5% for higher rate taxpayers.
3) Thresholds for higher tax rates including £11,500 for personal allowance, £45,000 for higher rate threshold, and £5,000 for dividend tax free allowance.
Making Tax Digital for VAT (MTD for VAT) will require businesses to keep digital VAT records and file their VAT returns using approved software. It will apply to businesses with a taxable turnover above £85,000 starting from April 2019. The document outlines key details of MTD for VAT such as what records must be kept, exemptions, software options, and assistance available from Thomas Westcott. It also summarizes changes from the 2018 budget relating to capital allowances, off-payroll working rules, capital losses relief, business rates relief, entrepreneurs' relief, and stamp duty land tax.
Exeter - Essential 6-monthly Finance Directors' Update - November 2019PKF Francis Clark
This round of seminars will, as always, provide you with key updates and issues affecting FDs and business owners as shown in the programme below. We will also endeavour to include any relevant Brexit updates and will take questions from the audience.
The document summarizes key points from the UK's 2017 Spring Budget. It notes that the economy has grown robustly since Brexit and the Chancellor emphasized economic stability and preparing for Britain's EU exit. Key measures included raising insurance premium tax, increasing national insurance contributions for self-employed workers, and £435 million in business rates support. Corporation tax will fall to 17% by 2020 and new consumer protection rules were introduced.
News brief - Spring Budget 2017 highlightsGary Chambers
The document summarizes key points from the UK's 2017 Spring Budget. It notes that the economy has grown robustly since Brexit and the Chancellor emphasized economic stability and preparing for Britain's EU exit. Key measures included raising insurance premium tax, increasing national insurance contributions for self-employed workers, and £435 million in business rates support. Corporation tax will fall to 17% by 2020 and new consumer protection rules were introduced.
1) There are over 3,000 government subsidies available in Japan from a variety of national and local organizations to support businesses. 2) To receive a subsidy, applicants must submit a business plan and financial documents demonstrating their planned activities over a fixed period. If approved, subsidies are paid out after the project is completed. 3) The application process is competitive and thorough, with incomplete or vague submissions automatically rejected. Applicants must provide specific details about their company, market, and management policies to prove they can succeed.
UK Grants specializes in facilitating grants like the Grant for Business Investment (GBI) and Grant for Research and Development (GRD) across the UK, unlike most consultants who operate regionally. Grants are a way for businesses to obtain public funding where private funding is insufficient and help achieve economic goals. They are typically given discretionarily to businesses with good growth plans that lack full capital funding. Governments give grants to increase GDP, employment, job skills, innovation and services in areas to meet their priorities and objectives. Businesses can find grants on websites like BusinessLink.gov.uk, local council websites and websites powered by grant consulting software companies.
Following Chancellor's Budget on 8 March 2017, Oury Clark have published thei...Joanne Croffey
Chancellor Philip Hammond's Spring Budget 2017 focused on preparing Britain for the future with modest economic growth forecasts and measures to support businesses and individuals. Key points include forecast GDP growth of 2% in 2017, a reduction of the dividend allowance to £2,000 from 2018, an increase to the personal income tax allowance to £11,500, and class 4 national insurance contributions rising for the self-employed. The budget also introduced several business measures like delaying digital tax reporting for small businesses and increasing business rates discounts for pubs.
I-Bytes Telecommunication, Media and Technology IndustryEGBG Services
This document brings together a set of latest data points and publicly available information relevant for Telecommunication, media and Technology Industry. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
Prepare your 2017 tax filing and create efficiencies in your tax strategies for 2018. The CTS Financial Group Tax-Time Planning guide offers you tips for your 2017 return and ideas to help you stay on track this year.
Taunton - Essential 6-monthly Finance Directors' Update - November 2019PKF Francis Clark
This round of seminars will, as always, provide you with key updates and issues affecting FDs and business owners as shown in the programme below. We will also endeavour to include any relevant Brexit updates and will take questions from the audience.
1) The document provides an overview of taxation in the United Kingdom, outlining various taxes such as income tax, value added tax, corporate tax, capital gains tax, and others.
2) Key details are given for each tax, including tax rates, allowances, payment deadlines, exemptions, and penalties.
3) Taxes are levied by both central and local governments in the UK, with revenue from taxes going towards public services and programs.
Following Chancellor's Budget on 8 March 2017, Oury Clark have published their Spring Budget Report summarising the announcements made by Chancellor Philip Hammond.
This document provides a summary of the 2013 Australian federal budget and post-budget updates. It outlines key budget measures such as spending cuts, tax changes, and policy initiatives. Major points include a forecast budget deficit of $18 billion for 2013-2014, the deferral of planned tax cuts, and the introduction of the National Disability Insurance Scheme funded by a rise in the Medicare levy. The document also provides tax planning tips for individuals, families, and businesses prior to the end of the 2013 financial year.
The document summarizes the key points from an HMRC presentation on Making Tax Digital and the Charity Tax Group conference. Some key points include:
- MTD will require charities registered for VAT to digitally submit their VAT returns through compatible software from April 2019.
- MTD for VAT aims to make tax administration more efficient by integrating tax records digitally and in real-time.
- The goals are to help businesses get their tax right the first time and reduce the tax gap.
- Charities and their advisors should talk to their software providers and HMRC to understand the changes and consider participating in the MTD VAT pilot.
A review of the 2017 Spring Budget and the impact it may have on individuals and businesses in the South West. Plus, an insight into HMRC's Making Tax Digital initiative.
We are here at KPMG to facilitate the smooth operation of the tax system that funds government services and aims for equality and well-being. As expat tax advisors, our role is to help individuals and enterprises comply with tax laws and pay the taxes that support Australia's communities. We assist clients such as executives living abroad or those with complex tax affairs to understand and fulfill their tax obligations so they can focus on their work.
Our summer newsletter's cover articles look at planning for the reduction in the dividend allowance and highlight that another tax rise will be with us soon. Check out these articles and lots more!
The document summarizes key changes from the UK budget including:
1) Increases to the personal tax free allowance to £11,000 and the higher tax threshold to £43,000. The employment allowance for class 1 national insurance contributions will increase to £3,000 and capital allowance will increase to £200,000.
2) Changes to dividend taxes including a £5,000 tax free allowance and tax rates of 7.5% for basic rate taxpayers and 32.5% for higher rate taxpayers.
3) Thresholds for higher tax rates including £11,500 for personal allowance, £45,000 for higher rate threshold, and £5,000 for dividend tax free allowance.
Making Tax Digital for VAT (MTD for VAT) will require businesses to keep digital VAT records and file their VAT returns using approved software. It will apply to businesses with a taxable turnover above £85,000 starting from April 2019. The document outlines key details of MTD for VAT such as what records must be kept, exemptions, software options, and assistance available from Thomas Westcott. It also summarizes changes from the 2018 budget relating to capital allowances, off-payroll working rules, capital losses relief, business rates relief, entrepreneurs' relief, and stamp duty land tax.
Exeter - Essential 6-monthly Finance Directors' Update - November 2019PKF Francis Clark
This round of seminars will, as always, provide you with key updates and issues affecting FDs and business owners as shown in the programme below. We will also endeavour to include any relevant Brexit updates and will take questions from the audience.
The document summarizes key points from the UK's 2017 Spring Budget. It notes that the economy has grown robustly since Brexit and the Chancellor emphasized economic stability and preparing for Britain's EU exit. Key measures included raising insurance premium tax, increasing national insurance contributions for self-employed workers, and £435 million in business rates support. Corporation tax will fall to 17% by 2020 and new consumer protection rules were introduced.
News brief - Spring Budget 2017 highlightsGary Chambers
The document summarizes key points from the UK's 2017 Spring Budget. It notes that the economy has grown robustly since Brexit and the Chancellor emphasized economic stability and preparing for Britain's EU exit. Key measures included raising insurance premium tax, increasing national insurance contributions for self-employed workers, and £435 million in business rates support. Corporation tax will fall to 17% by 2020 and new consumer protection rules were introduced.
1) There are over 3,000 government subsidies available in Japan from a variety of national and local organizations to support businesses. 2) To receive a subsidy, applicants must submit a business plan and financial documents demonstrating their planned activities over a fixed period. If approved, subsidies are paid out after the project is completed. 3) The application process is competitive and thorough, with incomplete or vague submissions automatically rejected. Applicants must provide specific details about their company, market, and management policies to prove they can succeed.
UK Grants specializes in facilitating grants like the Grant for Business Investment (GBI) and Grant for Research and Development (GRD) across the UK, unlike most consultants who operate regionally. Grants are a way for businesses to obtain public funding where private funding is insufficient and help achieve economic goals. They are typically given discretionarily to businesses with good growth plans that lack full capital funding. Governments give grants to increase GDP, employment, job skills, innovation and services in areas to meet their priorities and objectives. Businesses can find grants on websites like BusinessLink.gov.uk, local council websites and websites powered by grant consulting software companies.
Following Chancellor's Budget on 8 March 2017, Oury Clark have published thei...Joanne Croffey
Chancellor Philip Hammond's Spring Budget 2017 focused on preparing Britain for the future with modest economic growth forecasts and measures to support businesses and individuals. Key points include forecast GDP growth of 2% in 2017, a reduction of the dividend allowance to £2,000 from 2018, an increase to the personal income tax allowance to £11,500, and class 4 national insurance contributions rising for the self-employed. The budget also introduced several business measures like delaying digital tax reporting for small businesses and increasing business rates discounts for pubs.
I-Bytes Telecommunication, Media and Technology IndustryEGBG Services
This document brings together a set of latest data points and publicly available information relevant for Telecommunication, media and Technology Industry. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
Prepare your 2017 tax filing and create efficiencies in your tax strategies for 2018. The CTS Financial Group Tax-Time Planning guide offers you tips for your 2017 return and ideas to help you stay on track this year.
Taunton - Essential 6-monthly Finance Directors' Update - November 2019PKF Francis Clark
This round of seminars will, as always, provide you with key updates and issues affecting FDs and business owners as shown in the programme below. We will also endeavour to include any relevant Brexit updates and will take questions from the audience.
1) The document provides an overview of taxation in the United Kingdom, outlining various taxes such as income tax, value added tax, corporate tax, capital gains tax, and others.
2) Key details are given for each tax, including tax rates, allowances, payment deadlines, exemptions, and penalties.
3) Taxes are levied by both central and local governments in the UK, with revenue from taxes going towards public services and programs.
Following Chancellor's Budget on 8 March 2017, Oury Clark have published their Spring Budget Report summarising the announcements made by Chancellor Philip Hammond.
This document provides a summary of the 2013 Australian federal budget and post-budget updates. It outlines key budget measures such as spending cuts, tax changes, and policy initiatives. Major points include a forecast budget deficit of $18 billion for 2013-2014, the deferral of planned tax cuts, and the introduction of the National Disability Insurance Scheme funded by a rise in the Medicare levy. The document also provides tax planning tips for individuals, families, and businesses prior to the end of the 2013 financial year.
Similar to Boost#12 creating powerful presentations & public speaking (20)
Slides from the Boost Bristol event on October 11th with guest speakers Mark from Brand 51 and Helena from Truestart Coffee. https://www.eventbrite.co.uk/e/boost10-the-importance-of-branding
This document provides information and guidance for employers on hiring employees. It discusses the key factors that determine whether a worker is an employee or self-employed, including personal service, control, and mutuality of obligations. It also outlines important considerations for employers such as payroll, contracts, insurance, holidays, pensions, and PAYE tax. Finally, it promotes a government growth voucher program that provides matched funding for small businesses to obtain strategic advice.
This document provides information from a business growth workshop on growing a business. It includes a GROW model for business growth, 10 tips for business growth such as opening new locations or targeting new markets. It also discusses traditional and specific sources of financing like grants, loans, equity investment. Finally it covers topics like the Seed Enterprise Investment Scheme tax incentives for startups and investors, and 10 marketing tips such as using online presence, customer testimonials, and strategic partnerships.
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Explore Ecofrico's commitment to sustainability with our range of eco-friendly hemp backpacks. Discover how we combine ethical production, durable materials, and global reach to promote a greener future.
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: This study investigates the multi-faceted relationship between entrepreneurship, innovation, and sustainability across countries at different development levels. We construct a novel dataset combining measures of entrepreneurial activity, innovation outputs, and sustainability performance indicators related to economic, social, and environmental dimensions.Using country-level panel regression analysis, we find that entrepreneurship rates and attitudes are positively associated with social sustainability factors like education, gender equality, and institutional quality. However, high entrepreneurship levels do not necessarily correlate with better environmental sustainability outcomes, suggesting entrepreneurs may prioritize economic objectives over environmental ones.The results for innovation are more mixed. Greater innovation output is linked to higher economic development, but also associated with both positive and negative sustainability factors. This implies that while innovations drive economic progress, they may come with environmental costs without complementary policies. The findings suggest that entrepreneurship supports social sustainability, but pursuing entrepreneurship and innovation alone is insufficient for achieving environmental sustainability goals. We discuss policy implications, including strengthening education and skills, improving access to financing for sustainable ventures, incentivizing green innovation, and developing sustainability reporting standards. By aligning entrepreneurship and innovation with sustainability priorities, policymakers can harness these dynamic forces to create more sustainable, inclusive, and resilient economies.
Boost#12 creating powerful presentations & public speaking
1. Welcome to
Boost #12
How to create a
powerful presentation
and overcoming the
fear of public speaking
Feel free to tweet…
@boostbristol
@SpotlessGroup1
@confidentcomms
#boostbristol
2. Our charity of the
year...
Caroline Tarbuck
Young Enterprise West of
England Manager
4. National Insurance
Increases
Class 2 – Abolished from April 2018 (previously announced)
Class 4 – Increases
April 2018 – 1% increase to 10%
April 2019 - 1% increase to 11%
Scrapped
6. National Insurance –
Class 2 abolition
Class 2 benefits
State Pension
Employment and Support Allowance
Maternity Allowance
Bereavement Benefits
Cost £2.85 per week (April 17)
Who pays?
Self employed earning more than £6,025 (Compulsory)
Self employed earning below £6,025 (Voluntary)
7. National Insurance –
Class 2 abolition
Abolished in April 2018 – entitlement linked to Class 4 contributions
Earnings between £6,025 and £8,164 = 0%
Earnings between £8,165 and £45,000 = 9%
Earnings above £45,000 = 2%
What about those earning less than £6,025?
NI Credits (parents of children under 12, in receipt of certain benefits)
Pay Class 3 Contributions at £14.25 per week (April 17)
Annual class 2: £148.20
Annual class 3: £741.00
8. Dividend Changes
Dividend Allowance of £5,000 (introduced in April 2016) will be
reduced to £2,000 in April 2018
Additional tax liability
Basic Rate £3,000 @ 7.5% = £225
Higher Rate £3,000 @ 32.5% = £975
9. Making Tax Digital
(MTD)
Requirement to make quarterly reports to HMRC of income and expenses.
Reports to be made electronically via software
For the smallest business free software will be available
Reports due within 1 month of quarter end
Applies to all Businesses and Landlords with a turnover over £10,000
10. Making tax digital
(MTD)- timeline
April 2018 – Sole traders, Partnerships and Landlords with
turnover above VAT threshold
April 2019* – Sole traders, Partnerships and Landlords above
£10,000 but below VAT threshold
April 2020 – Companies
* VAT returns to be filed using Making Tax Digital Software
11. Making Tax Digital
(MTD) - Preparation
Do you use accounting software? – if so, will it be compatible with the MTD
requirements?
Consider bookkeeping packages (HMRC will only provide free tools for the simplest
and smallest businesses)
If you don’t already do so, then get into the habit of keeping your business records up
to date
If you have an Accountant then speak to them about MTD
Come along to future Boost events – we will be regularly covering this topic over the
next two years
14. Before you go…
Our next event is on Tuesday 13th
June
“How to build value in your business”
Please fill in the feedback forms
Don’t forget to keep in touch
@boostbristol / LinkedIn - BoostBristol