Burnside Chartered Accountants are proud to be one of Bristol Medias preferred suppliers.
As the dividend tax rates increased from April 2016, the loans to participators rates have therefore also increased. The new rates help us meet the policy objective of deterring individuals with close companies from making loans or other arrangements which […]
Burnside Chartered Accountants offer a host of accounting services including comprehensive tax advice. If you would like to talk to one of our helpful staff call us now on 0845 071 7676 today.
A surprise announcement from the Chancellor on the legislation in Finance Bill 2016 has seen a reduction in the rate of capital gains tax from 18% to 10% where the person is a basic rate taxpayer and from 28% to […]
The government have confirmed for periods commencing on or after 1 January 2016 that companies will benefit from increased audit exemption limits which are in line with last year’s small companies accounting exemption threshold increases. Old rules To require an audit […]
Landlords (individuals or Limited Companies owning a rental property) will need to consider the new tax changes coming in to place from this year, April 2016. These changes impact: Allowable expenses – abolishment of wear & tear allowance Stamp duty […]
Dividend tax rules are changing from 6th April 2016. The current system, Dividend Tax Credit, will be replaced by a new tax-free Dividend Allowance. Any dividend income above £5,000 each year will have the following tax rates applied: 7.5% Basic […]
From 1st April 2016 the Government will introduce the new National Living Wage (NLW). Workers over 25 years who are not in their first year of an apprenticeship must be paid the NLW of £7.20 per hour. Employers are responsible […]
AUSSIE CHAMPION AND 5TH IN THE WORLD FOR DOYLEY Burnside were proud to sponsor Jason Doyle for the 2015 speedway season, his first in the Speedway Grand Prix (SGP) where he qualified as one of the top 16 riders in […]
When your company receives a festive gift from a customer you can congratulate yourself and your employees on a job well done but before you decide what to do with it please consider the tax implications and whether it has […]