December Newsletter

Welcome to the December edition of our newsletter, the final release for 2014. We hope that you find the content of the newsletter both interesting and useful - please feel free to forward the email to friends or colleagues.

We'd like to take this opportunity to wish you a very Merry Christmas and a Happy New Year.

Autumn Statement 2014

The Chancellor delivered his Autumn Statement on 3 December 2014. Here is our guide to some of the key points announced in the Autumn Statement 2014.


Overtime & Holiday Pay Ruling

In a case recently heard by the Employment Appeal Tribunal (EAT) found that it is wrong for employers to only take into account the employees basic pay when calculating holiday entitlement.


Shared Parental Leave

1st December saw changes in parental leave legislation to enable working parents to share leave following the birth or adoption of their child.


Xmas tax tips: Parties, bonuses & gifts

Christmas is coming and it’s always nice to be a little generous to all those who have helped your business along over the past year. But the Taxman isn’t necessarily overflowing with Christmas cheer!


SRA and LSB confirm changes to SRA Accounts Rules

Approval by the Legal Services Board, on the 31 Oct '14 the SRA Accounts Rules 2011 have removed the requirement to deliver an annual accountant’s report


Important Dates

19/22 December - PAYE/NIC, student loan and CIS deductions due for month to 5/12/2014

30 December - Deadline for 2013/14 self assessment online returns to be filed if you are an employee and want tax underpaid to be collected by adjustment to your 2015/16 PAYE code (for underpayments of up to £3000 only)


The information contained in this newsletter is of a general nature and no assurance of accuracy can be given. It is not a substitute for specific professional advice in your own circumstances. No action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a consequence of the material can be accepted by the authors or the firm.
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