Oct 31, 2022 | FAQ, Information, PAYE, Payroll
The changes to income tax rates are going to benefit all taxpayers from April next year as they get to keep more of the money they have earned. But one knock-on effect is that the amount of tax relief you can get on your pension will be reduced for both 20% and 45%...
Oct 24, 2022 | Business Start Ups, FAQ, Information, News, Tax
HMRC made some changes to the way Corporation Tax needs to be filed online in September, and companies need to be aware of what they are now expected to do and where there could be difficulties with filing online for certain items. One change which has been announced...
Oct 17, 2022 | Information, News, Tips
Registered company insolvencies in England and Wales rose by 43% in August this year compared to the same period in 2021, and they were 42% higher than in August 2019, the comparable period before the pandemic. In August this year, there were 1,662 Creditors’...
Oct 7, 2022 | Business Start Ups, FAQ, Information, Making Tax Digital, News, Vat
HMRC are reminding all businesses who file their VAT returns on a quarterly and monthly basis they will no longer be able to submit them using the existing VAT portal, unless HMRC has agreed they are exempt from MTD. From Tuesday 1st November 2022 they will no longer...
Oct 5, 2022 | FAQ, Information, News, Tax, Tips, Vat
New chancellor Kwasi Kwarteng delivered his first mini-Budget, officially labelled ‘The Growth Plan 2022’, on September 23, and while it largely consisted of tax giveaways, it was not well received by markets. The FTSE 100 fell sharply on the day from 7,221 on...
