Date posted: 12th Jun 2024
Given the recent rises in interest rates, everyone with savings is enjoying a higher return of interest paid by their banks. It is important to remember that tax…
Date posted: 12th Jun 2024
We have been contacted by some clients, who have received letters from “HMRC” asking them to pay unpaid tax and PAYE liabilities. The letters appear to be genuine…
Date posted: 11th Jun 2024
We understand that HMRC is altering a number of businesses to check the bank details held by HMRC. Whilst we understand a letter from HMRC may be daunting…
Date posted: 11th Jun 2024
By Tax Partner, Lee Watson Stick or twist? So, the question of the date of a general election has been answered and the country…
Date posted: 3rd May 2024
As we have stated previously, a lot more companies will have fallen into the quarterly instalments (QIPs) regime, since 1 April 2023. Following another change from 1 April…
Date posted: 3rd May 2024
In simple terms, you may be missing out on tax relief by not realising that you need to claim a higher amount of pension tax relief, if you…
Date posted: 3rd May 2024
It is often said that inheritance tax (IHT) is a voluntary tax, and one that can be avoided if you give away sufficient assets at least seven years…
Date posted: 2nd May 2024
Paying National Insurance contributions allows individuals to earn qualifying years, which in turn provides them with entitlement to the state pension and certain contributory benefits. Entitlement may also…
Date posted: 2nd May 2024
As announced at the time of the Spring Budget, multiple dwellings relief for stamp duty land tax (SDLT) is to be abolished from 1 June 2024. The relief…
Date posted: 1st May 2024
To be allowable as a tax deduction whether under the corporation tax or income tax rules, most expenses must be incurred ‘wholly and exclusively for the purposes of…
