by James Hellyer | Mar 6, 2024 | Budget
With an election looming, Chancellor, Jeremy Hunt, delivered his Spring Budget on 6 March 2024, billing it as a ‘Budget for growth’. As widely predicted there were further changes cuts to National Insurance, taking effect from the 2024/25 tax year. Other headline...
by James Hellyer | Feb 20, 2024 | Income Tax, Tax tips
We have just passed the filing deadline for the 2022-23 tax year, and any 2022-23 returns filed after 31 January 2024 will be subject to late filing penalties. However, this post is focussed on processing your returns for 2023-24 and the message is, lets get your...
by James Hellyer | Feb 20, 2024 | Capital allowances, Corporation Tax, Income Tax
In a previous blog post we outlined the importance of reviewing your income before the end of the current tax year. The message was a simple one, any meaningful planning has to be implemented – for 2023-24 – before 6 April 2024, the end of the tax year. A...
by James Hellyer | Feb 12, 2024 | Changes in legislation
More than 38,000 pubs will benefit from the six-month freeze on alcohol duty from 1 February 2024. According to HM Treasury: The great British pub receives further boost from I February as a six-month alcohol duty freeze to 1 August 2024 takes effect. This tax saving...
by James Hellyer | Feb 12, 2024 | Income Tax, National Insurance, Tax tips
As you are probably aware the 2023-24 tax year ends on 5 April 2024. Most of the opportunities to arrange your tax affairs in the most advantageous way end and action to reduce your tax payments must be taken before this date. Accordingly, we have less than two months...
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