Accountancy Highlights

Reducing Your Marginal Rate of Tax


Umbrella Vs Limited Company set-up


Treasury to clamp down on stamp duty avoidance


Growth in the market for contractors in the UK


Proposal to merge PAYE and National Insurance

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LATEST NEWS

Tuesday
Sep062011

Growth in the market for contractors in the UK

There has been significant growth in the market for contractors in the UK, particularly within the IT and financial services markets. In particular there has been rapid growth in the number of contractors coming from overseas. Contractors from Australia, New Zealand and South Africa commonly move to the UK and have limited choice when looking for an experienced and quality accountancy company. Contractors often have to choose between the large established, but expensive accountancy providers or the smaller but more personalised services offered by companies such as ourselves. Our clients have commented that they prefer the more personalised service offered by Belsize Accountancy. We are able to offer high quality and effective advice to our clients through our team of experienced professionals. 

Tuesday
Sep062011

Proposal to merge PAYE and National Insurance

The Chancellors budget announcement for 2011 included a proposal to merge PAYE and National Insurance in the future. No further updates have been provided at this time. Belsize comment hat whilst this will simplify the tax system for UK contractors and employees, this could reduce the current tax benefit employed by contractors who structure their taxes to minimise their National insurance payments.

Tuesday
Sep062011

Interest rates set to remain at an all time low

Our financial advisory team at Belsize have indicated that interest rates are set to remain at 0.5 per cent to the end of the year. The growing recession and economic uncertainty in both Europe and the US make it unlikely that the Bank of England will raise rates over the coming months. It is hoped that the London Olympics will stimulate growth in the UK towards the latter part of 2012.