Business consultancy in Wokingham

Are you looking for reputable business consultants in Wokingham? Call Bertram Todd today to arrange a free initial consultation and discuss your specific needs. We provide our services to commercial and private clients in Reading and the surrounding areas.

The rates of dividends income have been increased from 6 April 2016 as follows:

Everyone is allowed £5,000 tax-free, including higher tax band taxpayers.

Dividends above £5,000 will be taxed as follows:

Basic rate taxpayers 7.5%

Higher rate taxpayers 32.5%

Additional ratepayers 38.1%

The 10% dividend tax credit has been abolished, so it will no longer be necessary to gross up the dividend.

In a new regime called auto-enrolment and aiming to ensure everybody will have a pension fund by the time they consider retirement, the largest employers have been required to set up pension schemes for their staff and make contributions into them. Employers with less than 50 employees have also joined the auto-enrolment regime since 2015. Every other employer is expected to join in the next two years.

All employers need to take steps to make sure all eligible staff are enrolled into a pension scheme by their staging date which can be found here:

It is suggested by the pensions regulator that all employers should have a plan in place 12 months before their staging date as aspects of setting up for auto-enrolment can take a long time.  

This is a complicated matter that requires careful planning. Implementation can take some time as different pension providers have to be evaluated and the preferred provider has to be selected following careful deliberation. Failure to comply will lead to automatic penalties.

We offer a pension and auto-enrolment service which among other things, will produce letters which are required to be sent to your staff members and calculate the pension contribution due.

The time allowed for the filing of company's annual returns has been reduced by Companies House.

Delay in filing your company’s annual return by more than two months will result in commencement of proceedings to have the company struck off.

In order to avoid unnecessary long ranging problems, file your annual return promptly.

ISAs provide a means for holding savings tax efficiently. It makes sense to include them in your portfolio planning.