June 2015 Newsletter

Team MJH have a ‘snapping time’ courtesy of Preston Guild Hall and Sophie Paget.  


Sophie is one very lucky person winning two prizes as a result of the Lancashire Expo – a bottle of Tattinger from Raecan Marketing Solutions and four tickets to the see The Mousetrap with the compliments of Preston Guild Hall. As Sophie was in Paris last Friday, Mark, and his wife Laura, James and Andrea went to see Agatha Christie’s The Mousetrap. What a thrilling time we all had. Although we managed to work out the “how” we failed to detect the “who” and as we were sworn to secrecy by the cast before departure, we aren’t at liberty to share the secret with you! Needless to say, the set was excellent and the cast flawless. It was also extremely satisfying to receive something free for once. Keep on winning Sophie. Feel free to go on to bigger and better things, we are always willing to represent you!

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June 2015 Tax Tips & News

To June’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.

If you need further assistance just let us know or you can send us a question for our Question and Answer Section.

We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

Make the Best of Allowances

As the sole owner/director of your company you face a dilemma over how to extract income from that company. If you pay yourself a salary of more than £8,060 per year you will have to pay class 1 NIC at the rate of 12% on the excess pay above that threshold up to £42,385 pa. However, income tax is not due until your salary tops £10,600 (the value of your personal allowance for 2015/16).



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