Jun 26, 2023 | FAQ, Information, Misc, News, PAYE, Payroll, Pensions, Tips
The Chancellor made some major changes to the pension rules in the March Budget, and one key amendment has made using something called ‘Carry Forward’ rules much more beneficial for pension savers. How does Carry Forward work? The Carry Forward rules allow you...
Jun 19, 2023 | Expenses, FAQ, Information, Misc, National Insurance, News, PAYE, Payroll, Pensions, Tips
Every employee working for a company has a Pay-As-You-Earn (PAYE) code which denotes how much tax you will pay in a year. If this code is incorrect, it could mean you are paying more or less tax than you should be, and may need to reclaim that money, or pay more....
Jun 5, 2023 | Business Start Ups, Expenses, Information, News, Tips
The cost-of-living crisis is taking its toll across all areas of our lives now. While inflation has fallen very slightly this month to 8.7%, food prices remain stubbornly high, and the Bank of England (BoE) is expected to continue with its base rate rises until later...
May 29, 2023 | Information, Tax, Tips
Make the most of the new tax year by acting now The new tax year started on April 6 and while many people will wait until the last minute to maximise the tax benefits available to them, there is a lot to be said for starting your tax housekeeping sooner rather than...
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...