March 14, 2024
As we have mentioned in previous posts, Companies House have been tasked with introducing a number of changes introduced by the Economic Crime and Corporate Transparency Act 2023 (ECCT Act), that came into force on Monday 4 March...
Read More...March 12, 2024
We all knew that the Chancellor would have restricted options when considering the contents of his recent spring budget announcement on 6 March. But it seems he has the skills after all to “play tennis” with his arms tied behind his...
Read More...March 11, 2024
1 March 2024 - Due date for Corporation Tax due for the year ended 31 May 2023.
2 March 2024 – Self-Assessment tax for 2022-23 paid after this date will incur a 5% surcharge unless liabilities are cleared by 1 April 2024, or an...
Read More...March 11, 2024
The coding out threshold may entitle you to have tax underpayments collected via your tax code when you are in employment or in receipt of a company pension. Instead of paying off debts in a lump sum, money is collected in equal monthly...
Read More...March 11, 2024
There are rules that businesses must follow when they are reporting employee changes. These changes must be sent to HMRC using a Full Payment Submission (FPS). The FPS is a submission that is required every time you pay your employees and must...
Read More...March 11, 2024
The VAT Flat Rate scheme is open to VAT registered businesses that expect their taxable turnover in the next 12 months to be no more than £150,000, excluding VAT. The annual taxable turnover limit is the total of everything that a...
Read More...March 11, 2024
HMRC continues to warn of the ever-present problem of fraudulent phishing emails, suspicious phone calls and texts. These unwanted emails, phone calls and texts are being sent from around the world as HMRC and other agencies continue to combat...
Read More...March 7, 2024
As expected, the Chancellor has found wriggle room in his fiscal rules that have allowed him to please his fellow Conservatives by reducing the impact of taxation. Not an unfamiliar tactic for a government in a general election...
Read More...March 5, 2024
Government has announced a new package of measures to help families save on energy costs and access cheaper deals as figures published recently show energy prices are set to fall to their lowest level since Putin’s invasion of...
Read More...March 4, 2024
According to HMRC, couples who are married or in civil partnerships could be due a financial boost by sharing unused tax allowances.
HMRC has revealed that March is the most popular month for Marriage Allowance (MA) applications, with...
Read More...Latest News
- Companies House introduces changes - March 14, 2024
- Impact of the Spring Budget 2024 - March 12, 2024
- Tax Diary March/April 2024 - March 11, 2024
- File early to have self-assessment tax coded out - March 11, 2024
- Reporting employee changes to HMRC - March 11, 2024
- Eligibility for the VAT Flat Rate Scheme - March 11, 2024
- Beware fake tax rebate offers - March 11, 2024
- Budget summary 6 March 2024 - March 7, 2024