Insights

Personal Tax

Paper tax return
May 8, 2023

Demise of paper tax returns


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More than 12 million taxpayers file self-assessment tax returns, but less than 3% do so using a paper return.

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pension tax rules
April 24, 2023

The Budget surprise: changes to the pension tax rules


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Changes to the pension tax allowances announced in the March Budget could mean your retirement planning strategy needs to be reviewed.

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March 28, 2023

End of Tax Year Planning 2022/23


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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

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March 27, 2023

Pay attention to tax codes


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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.

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March 20, 2023

HMRC sets its sights on hidden electronic sales


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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.

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March 17, 2023

2023 Spring Budget Summary


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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

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March 17, 2023

Tax Tables 2023/24


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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.

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March 15, 2023

Spring Budget 2023


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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?

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hmrc app
March 6, 2023

21st century Revenue – HMRC app and new texting service


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HMRC’s app was launched a year ago and is gaining in popularity as it is being used to pay self-assessment tax bills.

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mixed use properties
November 24, 2022

Finding the right mix in mixed use properties


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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

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November 18, 2022

Autumn Statement 2022


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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

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Autumn budget statement 2022
November 17, 2022

Autumn Budget Statement 2022


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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

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