HMRC issuing Loan Charge discovery letters
HMRC are issuing discovery assessments to people they believe should have submitted a 2018/19 tax return containing or undervaluing loan charge amounts. The implementation of the loan charge has been controversial, and many people see it as profoundly unjust and unfair to taxpayers who were encouraged to take part of their wages as a loan. […]
Tax planning in uncertain times – why we need to talk about tax
Talking about your tax planning is incredibly important in such turbulent times. Book a tax-planning session and let’s get up to speed with the latest tax changes.
What are self-assessment ‘payments on account’?
Do you know what ‘payments on account’ are? If you earn income outside of your usual day job, you really need to know about payments on account and how the income tax system works.
#tax #paymentsonaccount #selfassessment
The mini-budget: what’s been scrapped?
After Jeremy Hunt’s surprise financial statement, what’s actually left from the mini-budget? Read our update on which measures have been axed and which are (at present) still on the table.
#minibudget #tax #business
How much is our work taxed in the UK compared to other countries?
How much tax do UK employees pay compared to employees in other countries? We take a look at the latest OECD report – and find out how the UK compares to the OECD average.
Could you be personally liable for your company taxes?
Did you know it’s possible to become personally liable for your company taxes? We’ve got the intell re Joint and Several Liability Notices and how they could affect your personal finances.
#tax #companytax #JSLN
Mini Budget or fiscal disaster? What the Chancellor announced
Was Kwasi Kwarteng’s ‘mini budget’, a plan for growth, or a fiscal disaster? We’ve got the lowdown on all the key measures that were announced on 23 September.
#minibudget #budget #business #economics
Your Q4 2022 deadlines for the diary
Put these Q4 2022 dates and deadlines into your diary. Stay up to date and make sure you’re meeting all your important filing and tax cut-off dates.
National Insurance changes have now been reversed
The current increase to National Insurance contributions (NICs) was reversed in the #minibudget. We’ll help you understand the implications and how to adjust your payroll.
What are disbursements for VAT?
Are you confident that you’re claiming disbursements correctly for VAT purposes? We’ve covered the dos and don’ts of using disbursements to make payments on behalf of your clients.
#VAT #disbursements #accounting