September 2015 Tax Tips & News

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

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 in your own specific circumstances. We’re here to help!

Tax-efficient savings for children

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There are a number of ways to save or invest for children – some accounts are tax-efficient but rigid, others are often flexible but liable to tax. Interest earned from CTFs and Junior ISAs is paid tax-free, but the money is effectively locked in until the child is 18, at which time it belongs to the child. Standard savings accounts usually offer lower interest rates and the interest is likely to be taxable, but there will be flexibility on withdrawals and transfers, enabling the parent to keep a tight rein on the money.

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September 2015 Newsletter

Putting on the Ritz!

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We are edging ever closer to the BIBAs ceremony at the Tower Ballroom! The evening flows into action with a Champagne reception from 6:30pm tonight. Team MJH will be suitably dressed to impress (pictures to follow).

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August 2015 Tax Tips & News

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

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 in your own specific circumstances. We’re here to help!

Tax-free Childcare

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Tax-free childcare is part of the government’s long-term plan to support working families and will provide up to 1.8m families across the UK with up to £2,000 of childcare support per year, per child, via a new online system. It was originally planned that the scheme would launch in Autumn 2015, but, as a result of a direct legal challenge from a small group of childcare voucher providers, development of the scheme was suspended. However, the Supreme Court has recently ruled that government proposals for delivering tax-free childcare are lawful, which means that the scheme can go ahead and is now expected to launch in 2017. Here are some of the key points of the scheme:

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August 2015 Newsletter

Business as usual at MJH!

Can you believe how quickly this year is going? The ‘holiday season’ is already well under way. Mark is enjoying a well-deserved family break and will be back in the office on 24th August. The rest of Team MJH are still here and looking forward to hearing from you. It is very much ‘business as usual’ and we will do our very best to respond to your queries.

The Team would like to take this opportunity to wish all our clients and working partners a very happy holiday period. We sincerely hope that you travel safely, keep well and enjoy every second of your well-earned break, wherever that may be – at home or abroad!

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Budget 2015: Tax Tips & News

Welcome…
Welcome to the 8th July Summer Budget edition of Tax Tips & News.

In this analysis we have mainly concentrated on the tax measures that will directly affect individuals, employers and small businesses.

We are committed to ensuring all our clients don’t pay a penny more in tax than is necessary.

 

Summary

Chancellor George Osborne has delivered the first Budget by a wholly Conservative government in almost 20 years. The March 2015 Budget provided some clues as to possible new measures and of course, the Conservative election manifesto contained a wide range of commitments to be introduced during the course of the current parliament.

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