Wisteria Accountants

National insurance contributions are paid to build up your entitlement to claim certain state benefits, this includes benefits such as the State Pension. For employees, the amount of contributions depends on your average weekly earnings, and the relevant amounts depend …… Read More

Do you have children that are currently under the age of 18 and have not invested money in tax efficient schemes? One of these schemes piloted by the government is the Junior ISA scheme which is specifically aimed at these …… Read More

If you are  responsible for a child under the age of 16 (or under the age of 20 if they are currently in an approved education or training program), then you will be entitled to a tax-free payment for each …… Read More

If you have to take time off work to give birth to your baby, then you may be eligible to Statutory Maternity Pay (SMP) from your employer. This will be paid to you through the payroll system (if this is …… Read More

Bringing goods into the UK for personal use, sending or ordering from abroad may require you to pay UK Customs Duty, Excise Duty and/or import VAT on these goods. However the type of duty/tax and how much you pay ultimately …… Read More

Some individuals like to give to charity and make donations because it makes them feel like they are contributing to those in need in an altruistic manner. Aside from the ethics behind charitable giving, there are a range of tax …… Read More

If you have a property in the UK that you are letting out, then any rental income that is received from this property is liable to UK income tax. This article will shed some light on how property income is …… Read More

If you are an employee and you are unable to work due to ill health, you may be able to claim Statutory Sick Pay (SSP) from your employer as a result. There are certain criteria that you need to fulfil, …… Read More

As an employee, your company may provide certain employment benefits which will have to be reported on your P11d at the end of the year. One benefit that they may provide  is a company car and pay for the fuel …… Read More

Every year, all individuals are entitled to a tax free personal allowance. Currently this stands at £8,105 for the 2012/13 tax year and this is set to rise to £9,440 for the 2013/14 tax year. This article will outline the …… Read More