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Personal Tax
Have you checked your tax code?
15th Apr 2024 | Posted by:Prior to the tax year starting each 6 April, HM Revenue and Customs (HMRC), will issue new tax codes to employees, usually where there is a change of tax code.
Read MoreFurnished Holiday Lets – what tax benefits will you lose?
22nd Mar 2024 | Posted by:If you run a holiday let, then you are likely well aware of the useful tax advantages that holiday lets have had for many years.
Read MoreMarch is top month for Marriage Allowance claims
5th Mar 2024 | Posted by:With the tax year ending on 5 April, March is a good month to check whether sharing unused tax allowances with your partner could save you some money.
Read MoreIncome Tax and selling online
29th Jan 2024 | Posted by:In recent weeks there has been a flurry of online activity discussing the new law that will require online marketplaces to report information about income made by their users to HMRC.
Read MoreWhat to do when frozen thresholds put you in a higher tax bracket
18th Jan 2024 | Posted by:The freeze on income tax thresholds and changes to dividend and CGT allowances will see millions dragged into higher rates of taxation, but there are ways for higher earners to reduce their tax bill.
Read MoreInheritance Tax Planning Tips
9th Nov 2023 | Posted by:With inheritance tax receipts to HMRC set to reach new levels this financial year, now more than ever are families needing to plan for their future.
Read MoreScams warning issued to 12 million self assessment taxpayers
23rd Oct 2023 | Posted by:Self assessment taxpayers must be on the lookout for scam texts, emails and phone calls from fraudsters, HMRC was warned.
Read MoreDo you have a side income?
23rd Oct 2023 | Posted by:If you do, then you are probably aware of the requirement to disclose this on your Self-Assessment tax return.
Read MoreHMRC tax error sees thousands overcharged on student loans
6th Oct 2023 | Posted by:An error in payroll software used by HMRC has caused thousands of individuals to overpay on their student loans.
Read MoreSunak to consider cutting inheritance tax
26th Sep 2023 | Posted by:The UK government is reportedly considering a cut to inheritance tax (IHT) ahead of the next general election, despite being forecast to raise around £7.2bn in 2023/24
Read MoreHow to reclaim emergency tax on pension drawdowns
25th Sep 2023 | Posted by:HMRC has issued guidance on how to claim back a refund in the current tax year on an overpayment of tax when a pension has been flexibly accessed.
Read MoreReminder to register for self assessment tax returns by 5 October
20th Sep 2023 | Posted by:HMRC is reminding anyone who is new to self assessment for the 2022 to 2023 tax year to register with HMRC by 5 October or face penalties
Read MoreChild Benefit - Tax Implications for High-Income Earners
15th Sep 2023 | Posted by:Parents and carers need to be aware that if either of the couple have ‘adjusted net income’ in excess of £50,000 then the one with the higher income will potentially be charged to tax on some or all of the child benefit and will need to request a self-assessment tax return
Read MoreCheck what your tax code means
29th Aug 2023 | Posted by:HMRC have released a new online tool to help taxpayers understand what their tax code means.
Read MoreFiling your Self-Assessment return early
7th Aug 2023 | Posted by:Taxpayers could take advantage of four key benefits when filing their tax return early, HM Revenue and Customs (HMRC) has stated.
Read MoreUse Tax Free Childcare Account to pay for Summer Holiday Clubs
28th Jul 2023 | Posted by: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 childminder.
Read MoreGovernment funding for free childcare offers
24th Jul 2023 | Posted by:Nurseries are set to receive £204 million as part of the Government’s promise to deliver the largest ever investment in childcare.
Read MoreDeadline for topping up NI contributions extended again to 5 April 2025
17th Jul 2023 | Posted by:With all of the changes to personal pensions in the Spring Budget, maximising the State Pension entitlement should not be overlooked
Read MoreRetirement planning – are you on track?
5th Jul 2023 | Posted by:The closer you are to retirement, the more important your retirement planning becomes.
Read MoreCan we still be paid £6 a week for working from home?
4th Jul 2023 | Posted by:During the COVID pandemic the government relaxed the conditions to enable those working from home to be paid £6 a week tax free by their employer, or, where that was not paid by the employer, they could claim relief for £6 a week against their employment income for a tax refund from HMRC.
Read MoreHow can we help you?
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