Salary sacrifice tax perks on certain employee benefits will be axed from 5 April 2017. Julie Braithwaite, payroll specialist at Clayton & Brewill in Nottingham explains what’s in and what’s out. Salary sacrifice schemes are popular with both employers and employees as a way of helping staff to save money and spread the costs of certain… View Article
We have rounded off our 70th anniversary year with a ‘bake off’ in aid of the Lincolnshire & Nottinghamshire Air Ambulance. Founded in 1946, Clayton & Brewill is the oldest independent accountancy firm in Nottingham and we were keen to mark the celebrations with a series of fund raising events. Starting with an abseil in April, the celebrations have… View Article
Nottingham chartered accountants Clayton & Brewill give 7 good reasons to get your self-assessment tax return filed before the end of December. 31 January is the deadline for filing your self-assessment tax return, and for paying any tax that you owe. But, for anyone with a few hours to spare before the end of December, there… View Article
From April 2018, redundancy payments made ‘in lieu of notice’ will be taxed at the employee’s highest rate of income tax. Doug Perry, partner at chartered accountants Clayton & Brewill explains how both employers and employees will feel the impact of the forthcoming changes to redundancy payments. At the time of writing (December 2016), redundancy payments… View Article