New pension rules

Another set of regulations is set to fall on the shoulders of all employers. This time it’s a compulsory pension scheme for all employees. This new pensions law is due to be introduced over four years from October 2012. The largest employers (120,000 or more employees) will be forced to sign up first. Those who…

Annual Investment Allowance is reducing

From April 2012 the amount of capital expenditure that qualifies for 100% year one write off is reducing from £100,000 to £25,000. Business owners might want to bring forward plans to invest in machinery, before the qualifying amount is reduced. This allowance is called the Annual Investment Allowance (AIA). It enables all businesses to reduce…