New measures affecting pension allowances announced in the March Budget could mean your retirement planning strategy needs to be reviewed.
It’s paramount that directors and employees check tax codes sent for the 2023/24 tax year as a large proportion of codes will be incorrect
The eligibility for some bereavement payments has now been extended to unmarried couples, but there are two major caveats.
HMRC’s latest wave of ‘nudge letters’ – used to prompt a response from the recipient – has been targeted at online sellers, influencers and content creators warning them that they may not have paid enough tax.
A company car sounds like a great idea but If your employer pays for the fuel in your company car, it may cost you more than you expected.
With the self-employed and landlords facing a challenging economy, the government has again delayed the Making Tax Digital (MTD) scheme.
Whilst the 9.7% uplift to the National Living Wage from April 2023 is welcome news for lower-paid workers, but not for employers.
What should you do as capital gains targeted in this autumn statement cuts have been made to the annual exemption amount with more planned.
The main income tax allowances and thresholds, the main national insurance thresholds plus the inheritance tax nil rate bands will stay at their current levels for an extra two years to April 2028…
For owner-managed companies, bonuses, dividends and remuneration will become yet more complex in the new tax year.
At 6.00 am on Monday 17 October, the Treasury issued a press release announcing that the (new) Chancellor, Jeremy Hunt, would making a statement “bringing forward measures from the Medium-Term Fiscal”
HMRC late payment interest rates have now been raised six times during 2022 – from 2.6% at the start of the year to a current rate of 4.25%. However, at least there’s some good news, with an uplift to the tax repayment rate.
