Oct. 07, 2024
News
October 7, 2024
Student loan threshold frozen
Categories:
The student loan repayment threshold for England and Wales has been frozen at £25,000 until 2027, to the detriment of many new university students this September.
Read More
September 30, 2024
Can you spot a fake HMRC letter?
Categories:
Unfortunately, scam warnings have become a regular occurrence. The latest scam highlighted by HMRC is rather ‘old school’, involving letters posted to companies instead of the more usual digital communication.
Read More
September 23, 2024
Dividend allowance cut doubles taxpayers
Categories:
With the dividend allowance now cut to just £500, the number of taxpayers paying tax on dividend income for 2024/25 is expected to be double what it was three years ago.
Read More
September 16, 2024
Capital gains tax: a minority sport?
Categories:
The Labour Party’s 2024 manifesto said, ‘We will not increase National Insurance, the basic, higher, or additional rates of Income Tax, or VAT.’ The absence of any comment on CGT meant that Rachel Reeves received persistent questions during the election campaign about a possible increase.
Read More
September 9, 2024
HMRC launches VAT registration estimator
Categories:
HMRC has launched a new digital tool to help businesses estimate the potential impact of their VAT registration. This will be useful for established business owners and those planning to start a business.
Read More
September 2, 2024
New tax plans target private schools and social care
Categories:
- News/
In her first detailed tax announcements as Chancellor, Rachel Reeves targeted both those starting off in life and those approaching the end of their lives.
Read More
August 19, 2024
Opening the books – the government’s spending inheritance…
Categories:
- News/
The date of the next Budget has been announced, accompanied by the new Chancellor’s warning about government finances.
Read More
August 12, 2024
Digital invoicing could prevent invoice fraud
Categories:
Companies without a digital invoice processing system in place are leaving themselves open to invoice fraud. Over the past year, nearly a third of businesses have been targeted.
Read More
July 29, 2024
Class 4 NIC reductions benefit the self-employed
Categories:
Self-employed workers will see a substantial reduction in their Class 4 national insurance contributions (NICs) for the current tax year after two percentage cuts were announced in the 2023 Autumn Statement and 2024 March Budget.
Read More
July 22, 2024
From victory to Budget? Labour’s first 100 days
Categories:
With a majority of over 200 and a weight of expectations, what happens next for Sir Kier Starmer’s new Labour government?
Read More
July 15, 2024
A warning for iPhone owners
Categories:
- News/
HMRC is warning iPhone users about a new wave of scam text messages claiming to be about tax refunds.
Read More
July 8, 2024
Not in the NIC of time
Categories:
- News/
A useful new web tool has emerged, a little late in the game, in a joint effort from two government departments.
Read More