Tax Diary September/October 2024
1 September 2024 – Due date for corporation tax due for the year ended 30 November 2022. 19 September 2024...
Update on High Income Child Benefit Charge
Changes to the High Income Child Benefit Charge (HICBC) came into effect on 6 April 2024. The income threshold at...
Do you have a personal tax account?
HMRC’s Personal Tax Accounts (PTAs) serve as an online tool that enables taxpayers to view and update their information in...
Claim tax deduction for working from home
Employees who are working from home may be eligible to claim a tax deduction on certain work-related bills. If their...
Could you claim Pension Credits?
Pension Credits can provide extra income to those over State Pension age and on a low income. The credits were...
Effects of the US presidential election
The American presidential election may have significant effects on the United Kingdom, impacting various aspects of the relationship between the...
Further drop in interest rates
Interest rates are a powerful lever in our economy. Increase rates and economic activity tends to slow down, and vice...
Rachel Reeves announcements since the election
Since Rachel Reeves was appointed Chancellor of the Exchequer in May 2024, she has made several significant announcements aimed at...
Private pension contributions
Tax relief on private pension scheme contributions is a significant incentive in the UK, encouraging individuals to save for retirement....
DWP reforms
Liz Kendall recently set out how Britain’s system of employment support must be fundamentally reformed to tackle the “most urgent...