FactSheet Archives - Page 12 of 12 - Three Kings Accounting

Pensions – Automatic Enrolment

What is automatic enrolment? Automatic enrolment places duties on employers to automatically enrol ‘workers’ into a work based pension scheme.

Seed Enterprise Investment Scheme

The Seed Enterprise Investment Scheme (SEIS) provides tax relief for individuals prepared to invest in new and growing companies. It is the junior version of the Enterprise Investment Scheme (EIS). Investors can obtain generous income tax and capital gains tax (CGT) breaks for their investment and companies can use the relief to attract additional investment to develop their business.

VAT – Cash Accounting

Cash accounting enables a business to account for and pay VAT on the basis of cash received and paid rather than on the basis of invoices issued and received.