From April 2017, there will be a significant change to the way in which Personal Service Companies (PSC's) in the public sector are taxed. Currently, there are over 250,000 PSC's in Britain, many operating in sectors such as healthcare and IT. Because PSC's are often structured with just a sole director and shareholder, working often just for one other organisation, the government are fighting to classify them as employees, where PAYE and NIC applies.

setting-smart-business-goalsJanuary is a great month for renewed focus and motivation. So why not take the opportunity to plan ahead and set new goals? With the busy festive season behind us, and half of the winter (hopefully) out of the way, there is now an open space to think about what you want to achieve this year, and then take action. Setting SMART goals is the key to success.

property-highlights-autumn-statementThe Autumn Statement had, as expected, a key focus on what is commonly referred to as a "housing crisis". Lack of affordable homes continues to be an issue, along with the inflated house prices that make it virtually impossible for first-time buyers to get the break they need. Landlords are still very much in the firing line for government attempts to dampen activity in this sector.

tax-relief-christmas-partiesDecember is the month for Christmas gatherings, and the giving and receiving of gifts, to celebrate the festive season. Most business owners want to also find out how they can squeeze a little more from their generosity when they are organising festive events or treats for their team. It is therefore important to understand the tax treatment of your "treats" so you can give yourself the gift of paying a little less tax next year.