by Oasis Accountants | Mar 18, 2024 | EIS and SEIS, News
Introduction to the Seed EIS! In March 2011, the Government announced proposals to encourage equity investment in businesses with high growth potential by reforming the enterprise investment scheme (EIS) and Venture Capital Trusts. The legislation introduced a new...
by Oasis Accountants | Mar 15, 2024 | Newsletter
There are lots of positives in relation to NEST pensions, but that does not mean it is the best option for you. There are also some significant negatives. Whether NEST is a good option for you depends on your personal circumstance! So, what are some of the positives? ...
by Oasis Accountants | Mar 8, 2024 | Newsletter
From 1 April 2023, the main rate of corporation tax increases to 25%, but companies with sufficiently small profits will continue to pay only 19%. Under the new rules The small profits rate of 19 % will apply if a company’s relevant profits (referred to as its...
by Oasis Accountants | Mar 6, 2024 | Newsletter
National Insurance Contributions (NICs) Reduction – Employee NICs rate cut from 10% to 8%, starting April 6, 2024 – Self-employed main rate Class 4 NICs reduced from 9% to 6% – Abolition of the Class 2 NIC requirement for the self-employed...
by Oasis Accountants | Feb 27, 2024 | Newsletter
If you have a high attitude to risk and a high-income tax bill, VCT and EISs may be appropriate for you given their significant tax benefits! Venture Capital Trusts (VCTs) and Enterprise Investment Schemes (EIS) are complex tax planning products designed to encourage...
by Oasis Accountants | Feb 21, 2024 | Newsletter
With 5th April rapidly approaching, now is a great time to review your investments and tax position. If you want to pay less Corporation Tax get in touch today! Pension contribution are a great way to save tax and invest for the long term! We can help you set up or...