Capital Gains planning
Readers may have noted that the Chancellor announced a significant reduction in the annual Capital Gains Tax allowance, currently £12,300,...
Uprating benefits and cost of living payments
Changes to these support payments were announced in the Autumn Statement last month. They include: State Pension – will...
National Living Wage changes from 1 April 2023
Employers will need to update their systems to reflect the changes in the National Living and Minimum Wage rates from...
Tax Diary December 2022/January 2023
1 December 2022 – Due date for Corporation Tax payable for the year ended 28 February 2022. 19 December 2022...
HMRC app is a gift for Christmas workers and employers
This year, 10 of the UK’s largest seasonal employers are expected to hire 234,700 Christmas workers – up 74 per...
The increasing pull of fiscal drag
This month’s Autumn Statement has led to an onslaught of headlines featuring the phrase ‘fiscal drag’. Sometimes referred to as...
Millions receive first energy bill payment
More than 27 million households across Great Britain have been given their first £66 payment towards their energy bills. The...
Minimum wage rise is good news for lowest paid workers
Low-paid workers were given a welcome boost in Jeremy Hunt’s Autumn Statement with the announcement that the National Living Wage...
Autumn Statement 2022
The new Chancellor of the Exchequer, Jeremy Hunt, has delivered his Autumn Statement to the House of Commons against a...
Payment plans help rising number of Self Assessment customers
Receiving a big tax bill can be overwhelming and can create an even bigger problem – how to pay it....