Bank base rates rise again!
We are in the spiral of increasing finance costs which impinges on both personal and business arenas. HMRC charges interest […]
Personal Tax
Student loan changes
A number of student loan changes are coming into force from September 2023 with the introduction of a new “Plan
HMRC helpline closed
The HMRC self-assessment helpline is closed between 12 June and 4 September, so there is little point trying to phone
Have you been notified of a PAYE refund and ability to claim online?
HMRC have started reconciling 2022/23 tax positions and in some cases, letters are being issuing stating a tax refund is
Benefits in Kind –P11d or PAYE Settlement agreement?
Many businesses will provide certain benefits to their employees that are intended to motivate or incentivise them, such as staff
How often do you need to locate your National Insurance number? It’s saved somewhere…!
HMRC customers with an Apple iPhone can now store their National Insurance number in their Apple Wallet either online or
Benefits provided to employees and directors? The P11d forms need to be submitted online
The deadline for filing the P11d forms to report benefits in kind in respect of directors and employees for 2022/23
PAYE Tax codes! HMRC systems can cause headaches and extra work……?
A real-life scenario: An employee earns £3,125 per month – £37,500 p.a. However, in April she had a bonus of
Inheritance tax – are you affected?
The Nil rate band for estates has been frozen at £325,000 since 2009/10 It is likely to be at this
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