Insider – May 2016

21 April 2016

This months Insider includes articles on the following subjects. Please click on the image to the left if you’d like to download the full details of the articles.

Charities unaware of reporting obligations

Many charities are unaware of their reporting obligations with 1 in 5 having submitted the wrong documents, according to research by the Charity Commission.

Employer national insurance contributions for apprentices abolished

Employers with apprentices under the age of 25 will no longer need to pay national insurance contributions (NICs) for them.

Changes to captial gains tax for 2016/17

Changes to capital gains tax (CGT) and entrepreneurs’ relief claims have been introduced in the Finance Bill 2016.

Lifetime ISA: Is it right for you?

Adults under 40 can save up to £4,000 annually while receiving a 25% government bonus each year using a lifetime ISA from April 2017.