National Insurance Contributions (Table D) Class 1 (Employees) Employee Employer Main NIC rate 12% 13.8% No NIC on first £166pw £166pw Main rate* charged up to £962pw no limit 2% rate on earnings above £962pw N/A Employment allowance per qualifying business N/A £3,000 *Nil rate of employer NIC for employees under the age of 21 […]
Read More…Welcome to Hills & Peeks
About Us
We are professionally qualified number crunchers and have a wealth of knowledge about your industry. Whether you’re a creative individual, a business, an entrepreneur or needing advice with your personal taxes, we know how to help you make the most of your opportunities.
Hills and Peeks is a well-established business based in Worthing, West Sussex. Over the years we have built up our firm by providing a high quality, efficient and very personable service – resulting in our reputation for hard work, integrity and professionalism. Our clients come from a variety of business sectors and are based all over the UK and internationally. They range from sole traders, businesses and limited companies to events and festival organisers.
News
Income Tax Rates and Allowances
Income Tax Rates and Allowances (Table A) Main allowances 2019/20 2018/19 Personal Allowance (PA) £12,500 £11,850 Blind Person’s Allowance 2,450 2,390 Rent a room relief 7,500 7,500 Trading income 1,000 1,000 Property income 1,000 1,000 *PA will be withdrawn at £1 for every £2 by which adjusted income exceeds £100,000. There will therefore be no […]
Read More…Tax Administration
Making Tax Digital for VAT The majority of businesses with VATable turnover above the £85,000 registration threshold will be required to maintain their VAT records using functional compatible software from the first VAT return period starting on or after 1 April 2019. It was announced during October that a limited range of more complex businesses […]
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BBC Business
- HQ Trivia and Vine co-founder Colin Kroll dead at 34 December 16, 2018New York police officers went to Colin Kroll's Manhattan flat after a request to check on him.
- PewDiePie printer hackers strike again December 16, 2018The perpetrators are urging victims to support the YouTube star and protect their systems.
- Ministers deny planning no-deal Brexit holiday warnings December 16, 2018Downing Street dismisses reports families will be advised not to book EU travel after March 2019.
- Bad weather hits Christmas shopping on the High Street December 16, 2018Icy temperatures and the lure of online shopping hit pre-Christmas retail sales.