May. 06, 2024
Personal Tax
May 8, 2023
Demise of paper tax returns
Categories:
More than 12 million taxpayers file self-assessment tax returns, but less than 3% do so using a paper return.
Read More
April 24, 2023
The Budget surprise: changes to the pension tax rules
Categories:
Changes to the pension tax allowances announced in the March Budget could mean your retirement planning strategy needs to be reviewed.
Read More
March 28, 2023
End of Tax Year Planning 2022/23
Categories:
As the end of the tax year is fast approaching, we outline below key points to consider when reviewing your tax affairs ahead of 5 April 2023
Read More
March 27, 2023
Pay attention to tax codes
Categories:
Most directors and employees will already have been issued a tax code for the 2023/24 tax year, and it is important to check the figures as a very large proportion of codes will be incorrect.
Read More
March 20, 2023
HMRC sets its sights on hidden electronic sales
Categories:
It wasn’t that long ago that HMRC was paying particular attention to businesses understating large cash sales. Now, the decline of cash has led to a proliferation of software used to suppress electronic sales records.
Read More
March 17, 2023
2023 Spring Budget Summary
Categories:
The first Budget since October 2021 was widely expected to be an uneventful affair. Five months ago, the then new Chancellor, Jeremy Hunt, presented an Autumn Statement that was more
Read More
March 17, 2023
Tax Tables 2023/24
Categories:
While the majority of the 2023/24 tax rates were released in the autumn, some changes involved unwinding the announcements of Mr Hunt’s predecessor. With inflation and cost of living concerns foremost for the majority of individual and business taxpayers, the Chancellor needed to balance longer-term economic imperatives with perhaps shorter-term political concerns.
Read More
March 15, 2023
Spring Budget 2023
Categories:
Falling energy prices and higher-than-expected tax revenues mean that the outlook for Mr Hunt’s Spring Budget was a little less bleak than expected. However, did the Chancellor announce any good news for businesses in this Budget?
Read More
March 6, 2023
21st century Revenue – HMRC app and new texting service
Categories:
HMRC’s app was launched a year ago and is gaining in popularity as it is being used to pay self-assessment tax bills.
Read More
November 24, 2022
Finding the right mix in mixed use properties
Categories:
A recent tribunal found in HMRC’s favour when a residential property was questionably deemed mixed use. On the purchase of mixed use properties, stamp duty land tax (SDLT) is paid
Read More
November 18, 2022
Autumn Statement 2022
Categories:
The Chancellor, Jeremy Hunt, was faced with a challenging economic backdrop to his first major set piece, grappling with a combination of over 11% inflation, an official recession and the
Read More
November 17, 2022
Autumn Budget Statement 2022
Categories:
As we all know, the Chancellor, Jeremy Hunt, was faced with a challenging economic backdrop to his first major set piece, grappling with a combination of over 11% inflation, an
Read More