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Read Our Tax Updates Below

 

Keep more of your money with our year-end tax planning checklist

With the tax year ending on April 5 2023, now is the time to be thinking about how to make the most of the tax reliefs and allowances that are available to you.

Fuel rate boost for electric car drivers, but other advisory fuel rates cut

Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from 1 March. HM Revenue & Customs (HMRC) has also confirmed...

Businesses must be prepared for imminent changes to Corporation Tax

Businesses should be planning for the rise in Corporation Tax (CT), which comes into force from 1 April 2023, and sees the top rate of tax rising from 19 per cent to 25 per cent.

R&D tax reliefs are changing in April – Are you ready?

Chancellor Jeremy Hunt announced many R&D tax changes in his Autumn Budget, including how the funding is allocated, which will be implemented in April.

Make voluntary National Insurance contributions to ensure pension entitlement

People planning to claim the UK state pension have been advised to check their National Insurance (NI) record to identify any shortfalls in their payment history.

 

Read Our Business Update Below

 

Employers brace for uplift to the National Minimum Wage

Workers across the UK will get a pay rise from April as higher National Minimum Wage (NMW) rates are introduced. According to the Government, around two million of the...

Avoid stress and prepare for payroll year-end

It is that stressful time of year again with the payroll year-end fast approaching. Payroll year-end ties in with the tax year-end, which is 5 April. The deadline for submitting details to HM Revenue & Customs (HMRC) is 31 May.

 

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