Posts from March 2022

End of year tax planning – what you need to consider

Posted on 29th March 2022 at 13:09

The new tax year on April 6 is accelerating quickly towards us, and now is the time to make sure that any last-minute allowances you may not have made the most of in the 2021/22 tax year are mopped up.

There are plenty of allowances that have a time limit on each tax year, and if you can use these last few days to maximise the benefits, then it would be a good deed done.

Bank of England (BoE) base rate rises to 0.75% - how will it affect your business and customers

Posted on 17th March 2022 at 12:26

The Bank of England (BoE) base rate rose to 0.75% in March in response to Consumer Prices Index (CPI) inflation rising to 5.5% - almost triple the BoE’s target of 2%. Inflation is set to continue rising throughout the year (see Spring Statement round-up) with the Russian invasion of Ukraine creating increased pressure on already rising prices.

Reclaim Married Couple’s Allowance before 5 April

Posted on 13th March 2022 at 09:18

Married Couple’s Allowance can be transferred between spouses and civil partners, and while 2m couples have claimed this since it was introduced back in 2015, there are many more people who are entitled to claim it.

Posts from March 2022

End of year tax planning – what you need to consider

Bank of England (BoE) base rate rises to 0.75% - how will it affect your business and customers

Reclaim Married Couple’s Allowance before 5 April

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