Eligible couples urged to apply for tax reduction
August 11, 2022

Thousands of couples could be missing the opportunity to reduce their tax by £250 a year.

Married couples and people in civil partnerships can sign up for Marriage Allowance, which allows them to share their personal tax...

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Thousands of businesses at risk of import delays
August 9, 2022

Businesses are being warned they could risk significant delays to importing goods if they don’t move to the UK’s new streamlined customs system.

Organisations submitting import declarations must use the Customs Declaration...

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Businesses unite to create summer offers for struggling families
August 4, 2022

Families struggling to make ends meet in the cost-of-living crisis will be able to take advantage of special deals over the summer holidays.

Some of the UK’s biggest businesses have signed up to offer discounts and deals through...

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Tax Diary August/September 2022
August 2, 2022

1 August 2022 - Due date for corporation tax due for the year ended 31 October 2021.

19 August 2022 - PAYE and NIC deductions due for month ended 5 August 2022. (If you pay your tax electronically the due date is 22 August...

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Tax when selling personal possessions
August 2, 2022

There are certain circumstances when you will pay Capital Gains Tax when selling personal possessions.

You may have to pay Capital Gains Tax if you make a profit (‘gain’) when you sell (or ‘dispose of’) a...

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Political hiatus
August 2, 2022

Now our present Prime Minister has indicated his intention to resign it seems unlikely that a successor will be appointed before September.

Which means Boris Johnson’s cabinet are caretakers for the interim period and it is...

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Up to two thousand tax free
August 2, 2022

Since 2017, there is no tax to pay on trading income or earnings from land and property as long as the income from each source does not exceed £1,000.

Trading allowance

The trading allowance is a tax exemption of up to...

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Individual Voluntary Arrangements
August 2, 2022

If you are locked into an IVA and are concerned that recent increases in the cost of living are creating severe financial pressures, you can ask your IVA supervisor to review your income and expenses to see if you are eligible for a reduction...

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Software savings boost for small businesses
August 2, 2022

More than a million small businesses are now eligible for discounted software through a flagship government scheme after a change to the rules.

The Help to Grow: Digital Scheme, which cuts the price of leading software to boost...

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Low-paid workers in line for cash boost
July 28, 2022

More than a million of the lowest-paid workers in the UK will receive a financial boost from 2025.

New Government legislation just published confirms that around 1.2 million low earners who save for their pension through a Net Pay...

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