Fair care news

Pension Advice through Salary Sacrifice

UPDATE: 15/01/18 the Pensions Advice clause, previously removed under the simplified Finance Bill 2017, finally received Royal Assent in November 2017. A new tax exemption has come into play which allows employees to save Tax and National Insurance on the first ¬£500 worth of pensions-related Financial Advice, each tax year, when offered through a salary sacrifice scheme. (This is separate to the new Pensions Advice Allowance, which allows individuals to dip in to their pension fund to pay for advice.)…

Tax Free Childcare starts 28th April

Government has confirmed that Tax-Free Childcare will be introduced on 28 April, and will then be gradually rolled out over 2017. Parents of children under two will be invited to enter the scheme first.…