Sunak has five priorities – will he be successful?
January 12, 2023

Prime Minister Rishi Sunak has made his new year pledges, including halving inflation and growing the economy.

He listed his five immediate priorities when he gave his first speech of 2023, asking the public to judge him on the...

Read More...
Cost-of-living payments to support low-income households
January 12, 2023

Millions of families will be starting the new year with the welcome news they will be receiving cost-of-living support.

The lowest-income households across the UK will get up to £1,350 from the Government in 2023/4 to help with...

Read More...
Support for first-time buyers extended to end of year
January 6, 2023

Looking to get on the property ladder this year? A government support scheme has been extended until the end of the year,

The Mortgage Guarantee Scheme, which has already helped 24,000 first-time buyers, will now run an extra 12 months,...

Read More...
More time to prepare for MTD transition
January 5, 2023

If you’re self-employed and have been worried about the approaching 2024 deadline for transitioning to Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), you can relax.

The Government has made the decision to phase in...

Read More...
Tax Diary January/February 2023
January 3, 2023

1 January 2023 - Due date for Corporation Tax due for the year ended 31 March 2022.

19 January 2023 - PAYE and NIC deductions due for month ended 5 January 2023. (If you pay your tax electronically the due date is 22 January...

Read More...
Budget date 2023 announced
January 3, 2023

The Chancellor of the Exchequer, Jeremy Hunt has confirmed, in a written statement, that the next UK Budget will take place on Wednesday, 15 March 2023. This will technically be the Chancellor’s first Budget although his Autumn Statement...

Read More...
Are you ready for 31 January 2023?
January 3, 2023

Last year over 12.5 million taxpayers were required to complete a Self-Assessment tax return but over 2.3 million taxpayers missed the 31 January deadline.

The deadline for submitting your 2021-22 Self-Assessment tax returns online is...

Read More...
Vehicle benefit charges from April 2023
January 3, 2023

The vehicle benefit charges for 2023-24 have been announced. Where employees are provided with fuel for their own private use by their employers, the car fuel benefit charge is also applicable. The fuel benefit charge is determined by reference...

Read More...
Mortgage payment support
January 3, 2023

The Chancellor, Jeremy Hunt, recently hosted a meeting at 11 Downing Street to discuss what help may be available to support homeowners who encounter problems paying their mortgage. The meeting was attended by leaders of the UK’s major...

Read More...
Super-deductions finish March 2023
January 3, 2023

Time is running out to claim the super-deduction offering 130% first-year tax relief. The deduction is available to companies until March 2023. The super-deduction was designed to help incorporated businesses finance expansion after the...

Read More...