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Martin Tilley: Exploit salary sacrifice before Govt clampdown

Last year’s summer Budget raised a warning in respect of the use of salary sacrifice in exchange for additional pension provision. It stated: “Salary sacrifice arrangements can allow some employees and employers to reduce the income tax and National Insurance they pay on remuneration. They are becoming increasingly popular and the cost to the taxpayer […]

Directors, limited liability partners and auto-enrolment

By Jim Grant, Senior Product Insight & Technical Support Analyst 6 April 2016 brought in changes to employer duties for directors and partners in limited liability partnerships. Here we explain exactly what’s changed. Before 6 April 2016… Directors of limited liability companies where there were no other directors or employees were exempt from the employer […]

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Lenders rubbish prospect of legal action after West Brom ruling

Skipton and Manchester Building Society are defending raising interest rates on some of their mortgages amid claims the lenders’ behaviour could be challenged in court. Earlier this week the Court of Appeal ruled that West Bromwich Building Society should not have raised tracker interest rates without a rise in Bank of England base rate. Landlord […]

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