Tax-Free Allowance for Trading or Property Income (UK)

Finance and Legal
Tax-free allowances up to £1,000 were introduced from 6 April 2017 for individuals whose gross trading or property income (i.e. the total amount before any allowances or deductions) is £1,000 or less. Where they have both types of income, the
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Updated Guidance: Filing Company Accounts (UK)

Business
The documents that all UK registered companies – even dormant and small ones -– must deliver annually to Companies House are explained in guidance that has been streamlined and updated to cover changes introduced by ‘The Companies, Partnerships and Groups
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Storing Clients’ Personal Data on Home Computers (UK).

Finance and Legal
07/04/2017. A senior barrister who stored clients’ personal information on a home computer has been fined £1,000 by the Information Commissioner’s Office for breaching data security law after her husband temporarily uploaded the relevant files to the Internet while updating
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Unfair Fees in Retirement Leasehold Properties (UK).

Consumer Law
07/04/2017. The ‘event fees’ system used by elderly residents to defer payment of some of the running costs of their retirement leasehold homes until they sell them is potentially open to abuse by rogue landlords and should be regulated, urges
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Financial lobby group calls for extra Brexit transition period.

Brexit
6/4/2017. Financial lobby group calls for extra Brexit transition period The Association for Financial Markets in Europe (AFME) has warned that the two-year negotiating period for Brexit talks is not long enough for banks, investors and financial regulators to prepare
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