National Minimum Wage increases from April 2023
The National Living Wage and National Minimum Wage rates change on 1 April 2023. Make sure you update your payroll […]
Tax
Gains and losses from cryptoassets
Did you invest in Bitcoin or other similar “cryptocurrency”? Disposals or exchanges of cryptoassets may give rise to gains that
Be aware – there are some tax changes from 6 April 2023
Capital Gains Tax If you are sitting on capital profits – in share portfolios for example -you may wish to
Company pension contributions – make sure these are paid in time
A company can make pension contributions for a director. However, timing is key, as it is not possible to accrue
Pay your Self assessment Tax!
Tax payable under self-assessment should have been paid by 31 January.This might be a balance of tax due for the
VAT on Food – a complex minefield
If you sell food for human consumption, it can be zero rated (unless it is supplied in the course of
Beware the High-Income Child Benefit Charge
You may have to pay the High-Income Child Benefit Charge!if you or your partner have an individual income that’s over
Making Tax Digital – a 2 year deferral
In December, there were some announcements from HMRC regarding their plans for Making Tax Digital. Originally scheduled to start for
Have you had an HMRC letter saying the 2020/21 tax return has not been submitted?
There was apparently a glitch in HMRC systems, and many taxpayers are receiving letters intimating the returns have not been
The Autumn Statement 2022
Now the dust is settling after the recent announcements, Government U-turns and further announcements, it is time to draw breath