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Welcome to Kinsella Clarke

Are you...

  • Struggling with your tax return?
  • Looking for a pro-active accountant who'll help you make more profit and pay less tax?
  • Starting out in business?

Whatever your needs, we can help. Kinsella Clarke is a firm of Chartered Accountants based in Bootle, Merseyside offering accounts, taxation and business advisory and support services to a wide range of businesses and individuals.

At Kinsella Clarke we provide a cost-effective, high value solution to meet all of your financial needs. We work hard to get to know you in order to deliver timely, individual advice on how to improve your business and personal wealth.

To find out more about how we can help you and your business click here for an overview of our services. To find out more about us click here. To access a wealth of information visit our resource centre or view our free factsheets.

Reforming dividend tax
From 6 April 2016, the way dividends are being taxed will change. The 10% tax credit is being abolished and each individual will have available a flat rate dividend allowance of £5,000. Any dividends received by an individual in excess of £5,000 will be taxed as follows:
  • 7.5% if your dividend income is within the standard rate (20%) band
  • 32.5% if your dividend income is within the higher rate (40%) band, and
  • 38.1% if your dividend income is within the additional rate (45%) band
Corporation Tax will be cut to 19% in 2017 and 18% in 2020
The main rate of Corporation Tax has already been cut from 28% in 2010 to 20%. It will now fall further, from 20% to 19% in 2017, and then to 18% in 2020, benefiting over a million businesses.
New National Minimum Wage
From April 2016, a new National Living Wage of £7.20 an hour for those aged 25 and over will be introduced. This will rise to over £9 an hour by 2020.
Annual Investment Allowance - set at its highest ever permanent level at £200,000
The annual investment allowance will be set permanently at £200,000 from January 2016.
The allowance means businesses can deduct the full value of certain items, including equipment and machinery, up to a total value of £200,000 from their profits before tax.
The ISA limit is currently £15,240 and will set to increase by £315 from April 2016.
The Employment Allowance will increase to £3,000 from April 2016
The government will increase the NIC Employment Allowance from £2,000 to £3,000. The increase will mean that businesses will be able to employ four workers full time on the new National Living Wage (NLW) without paying any NIC. One significant change is from April 2016, companies where the director is the sole employee will no longer be able to claim the Employment Allowance.

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Kinsella Clarke is the Trading Name of Kinsella Clarke Limited. Registered in England No. 8137199. Registered to carry on audit work in the UK and Ireland and regulated for a range of Investment Business Activities by the Institute of Chartered Accountants in England & Wales. VAT No. 140 7999 84.