01494 772765
Latest News
New income tax relief eligibility rules for those working from home - March 13, 2023
|
The pandemic forced millions more people to work from home, and as a result, the Government introduced an income tax allowance of £6 a week. The rules were also temporarily changed so employees… |
Fuel rate boost for electric car drivers, but other advisory fuel rates cut - March 7, 2023
|
Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from 1 March. HM Revenue & Customs (HMRC) has also confirmed that the way the advisory electricity… |
Employers brace for uplift to the National Minimum Wage - March 7, 2023
|
Workers across the UK will get a pay rise from April as higher National Minimum Wage (NMW) rates are introduced. According to the Government, around two million of the UK’s lowest-paid workers will benefit… |
Businesses must be prepared for imminent changes to Corporation Tax - March 7, 2023
|
Businesses should be planning for the rise in Corporation Tax (CT), which comes into force from 1 April 2023, and sees the top rate of tax rising from 19 per cent to 25 per cent. The tax applies to all… |
R&D tax reliefs are changing in April – Are you ready? - March 7, 2023
|
Chancellor Jeremy Hunt announced many R&D tax changes in his Autumn Budget, including how the funding is allocated, which will be implemented in April. He announced changes to the rates paid by the… |
Make voluntary National Insurance contributions to ensure pension entitlement - March 7, 2023
|
People planning to claim the UK state pension have been advised to check their National Insurance (NI) record to identify any shortfalls in their payment history. NI contributions, or lack of them, can… |
Avoid stress and prepare for payroll year-end - March 7, 2023
|
It is that stressful time of year again with the payroll year-end fast approaching. Payroll year-end ties in with the tax year-end, which is 5 April. The deadline for submitting details to HM Revenue &… |
Avoid these costly VAT mistakes - February 2, 2023
|
Small business owners need to take measures to avoid costly mistakes when it comes to calculating, reporting and paying Value Added Tax (VAT). The best way to prevent errors and stay on the right side… |
What you should include in a business plan - February 2, 2023
|
Business plans provide goals to work towards, help identify potential problems, give insight into competitors, and highlight potential opportunities. A great business plan should include a concept, strategy,… |
MTD for ITSA is delayed. Should you still go ahead with cloud accounting? - February 2, 2023
|
Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will now come into effect in April 2026 for businesses, self-employed individuals, and landlords with gross business and/or property… |
Latest News
Apr
With the start of the new tax year, taxpayers can expect significant changes …
Read more…
Apr
From 6 April 2024, UK redundancy rules will change, particularly surrounding …
Read more…
Don’t pay more tax
than you need to
Download our Tax Planning Checklist
Register for our newswire
Our regular Newswire mailings are designed to keep you up to date with the latest industry news and events.
Register here
Satisfaction Survey
Spring Budget 2024
The latest Budget was an important speech for the Chancellor, Jeremy Hunt...
