Articles by Carl Mills Accountants
Tax, HMRC, Pensions, Pensions Freedom

Pensions Freedom Update

According to HMRC figures over 230,000 people have used the new pension freedoms introduced one year ago and accessed…
Business Management

Parking fines ruled not deductible

A tribunal has ruled that security firm G4S cannot reduce its profits for tax purposes by deducting parking fines.The…
Business Management

Personal service companies in the public sector

From April 2017, individuals working through their own company in the public sector will no longer be responsible for…
PSC, Companies House, Accounts preparation

People with Significant Control (PSC)

From April 2016, rules are introduced which require companies to keep a register of People with Significant Control…
Business Management

National Living Wage - employers advised to get ready

The Department for Business, Innovation and Skills (BIS) is advising employers to begin preparing for the introduction…
Accountancy

Dividend Allowance and rates of tax

Further details have been provided of the new rates of income tax on dividends and the new Dividend Allowance which…
Accountancy

Autumn Statement 2015 expectations

Tax credits have been in the news and this is one issue the Chancellor George Osborne is expected to review in the…
Business Management

Workplace Pensions - Don't ignore it!

The Department of Work and Pensions and the Pensions Regulator have launched a new advertising campaign promoting auto…
Business Management

Valuing your business

There are a number of methods available to calculate the value of a business. It is not a precise science but…
Accountancy

Taxing dividends from April 2016

In the Summer 2015 Budget, George Osborne announced fundamental changes to the way in which dividends are taxed and…
Business Management

Business structures - which should I use?

We consider the options available to you when starting your own business. There are tax and legal implications which…
Business Management

National Minimum Wage rates and National Living Wage

The National Minimum Wage (NMW) is a minimum amount per hour that most workers in the UK are entitled to be paid. NMW…