Ross McConnell - Kinross Based Chartered Accountant

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Pension Contributions

by ROSS MCCONNELL on MAY 06, 2019

Contributing To Unexpected Tax Bills? The focus on pension earnings has never been higher, as the government introduces measures to ensure that we are all saving regularly to help fund the lifestyle we plan to enjoy throughout our retirement years.  And as our incomes rise – hopefully – throughout our working lives, you might be aware that you can save increasing amounts towards your pension each year, using additional voluntary contributions...

 
Full State Pension Entitlement

APRIL 29, 2019

For everyone reaching State Pension Age (SPA) your current maximum entitlement is just £164.35 per week. The amount may even  be lower, depending on your National Insurance (NI) record, so it's always a good idea to check. According to the Department for Work and Pensions, by 2020 just 85% of people reaching pension age will have at least 35 years of qualifying NICs, so don't leave it and then discover...

Are You Among The One In Five?

APRIL 22, 2019

Making Tax Digital Making Tax Digital (MTD) is now live! So if your last VAT quarter ended on 31st March then you’re in!  But as you can’t officially sign up until after you file your last non-MTD VAT return, it might not be the right moment to register, yet.  By way of example, if your business has to file a VAT return for the February to April 2019 period, and it...

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