by James Hellyer | Nov 23, 2023 | Budget, Capital allowances, Income Tax, National Insurance, personal finance
The Chancellor of the Exchequer has delivered his Autumn Statement 2023 to Parliament. The Treasury news story ‘Chancellor backs business and rewards workers to get Britain growing’ provides a summary of the key points arising in the Autumn Statement, which includes...
by James Hellyer | Nov 13, 2023 | Income Tax
An unlikely organisation is promoting a way for its members to benefit from a claim for the Marriage Tax Allowance. For relevant couples, this can be worth £252 a year. Charlie Bethel, Chief Officer, UK Men’s Sheds, said: “If you have retired and your partner is still...
by James Hellyer | Oct 16, 2023 | Income Tax
If you have ever stopped to ask yourself, why does the tax year start on April 6, you are definitely not alone. The idea that the tax year doesn’t begin until we are a quarter of the way into the year is a somewhat perplexing concept for many. Accountants and...
by James Hellyer | May 15, 2023 | Income Tax
Low earners will benefit from plans introduced in a raft of tax changes to help them boost their savings. The Government has published 23 technical tax updates, many of which simplify and modernise the tax system. Among the changes is a reform to the Help to Save...
by James Hellyer | Apr 24, 2023 | Corporation Tax, Income Tax, National Insurance, VAT
Taxes are one of the certainties of life, according to Benjamin Franklin, and if you are in business it pays to know for which taxes you are liable. Understanding the taxes that your business is required to pay can help you plan and budget accordingly. There are...
by James Hellyer | Oct 17, 2022 | Income Tax
Beware of fraudsters if you are starting to think about completing your annual tax returns. Self-Assessment customers have become a target for unscrupulous criminals, with some threatening arrest and others promising a sizeable rebate. In the 12 months to August 2022,...
Recent Comments