Updates on self-assessment, VAT, Corporation Tax, and Making Tax Digital (MTD) deadlines, plus any new tax rules that could impact businesses.
Use tax-free childcare account to pay for summer holiday clubs Tax-Free Childcare accounts can be used to pay for approved childcare for children aged 11 or under, or 16 if the child has a disability. This can include paying for a summer holiday club or...
*No pressure, no jargon, just a friendly chat about how we can help.
Electric Vehicles: The Smart, Tax-Savvy Move forLimited Companies Thinking about going electric? It’s not just great for the planet – it could also be brilliant for your company’s tax bill.Whether you’re replacing your director’s car or adding another vehicle to your...
As the new tax year begins, several important changes have come into effect. Here's a quick overview to keep you informed: 1. Employer National Insurance Contributions (NICs) Increase Rate Rise: Employer NICs have increased from 13.8% to 15% on salaries above £5,000....
Use tax-free childcare account to pay for summer holiday clubs Tax-Free Childcare accounts can be used to pay for approved childcare for children aged 11 or under, or 16 if the child has a disability. This can include paying for a summer holiday club or...
The State Opening of Parliament took place on 17 July and the King’s Speech set out the measures that the government intends to introduce during the next session of parliament. Other than a mention of the proposal to remove the VAT exemption for private school fees...
It has recently been reported over half a million taxpayers paid a marginal income tax rate of 60% in 2022/23, up by 23% from the number in 2021/22. This marginal rate applies where an individual’s adjusted net income falls between £100,000 and £125,140, where every...