May 8, 2023 | Expenses, FAQ, Information, Misc, News, Tax, Tips
Higher earners have been dealt a blow after the Chancellor changed the level at which the 45% additional rate of tax applies from £150,000 to £125,140. The move takes effect in the 2023/24 tax year and brings the threshold in line with the point at which the personal...
Apr 10, 2023 | Grants, Information, ISA, News, Tax, Tips
The latest Budget on March 15 was a mix of wins and losses for people and companies around the country, with some considerable changes for pensions and the highest rate taxpayers thrown in. The personal allowances for the 2023/24 tax year were largely frozen once...
Mar 27, 2023 | Business Start Ups, Information, News, Tax, Tips
Major changes to the way businesses process goods moving between EU Member states and Northern Ireland where excise duty has been paid came into effect on February 13 and anyone dealing with relevant goods must comply. The new Excise Movement and Control System (EMCS)...
Mar 20, 2023 | Business Start Ups, Information, IR35, News, Tax, Tips
IR35 has been one of the most contentious pieces of accounting legislation since its introduction in April 2021 as HMRC works to prevent those it deems are employed by an organisation taking their income through a separate company. Previously, any large company...
Mar 6, 2023 | FAQ, Information, Misc, News, Tax, Tips
January has earned the dubious distinction of being the month when more couples decide they want to get divorced than any other. The reasons are likely to be myriad, but the likelihood is that they either mark Christmas or New Year as a line in the sand for changing...
Feb 27, 2023 | Business Start Ups, FAQ, Information, Making Tax Digital, Misc, News, QuickBooks, Self-Assessment, Tax, Tips, Vat
Making Tax Digital (MTD) has been on the cards for years now, with businesses already pushed towards dealing with their VAT this way. But plans to extend this for Income Tax Self-Assessment (ITSA) have been put on hold once again until April 6, 2026, eight years later...
