Year End Tax Planning 22/23
Posted on 9th February 2023 at 15:19
Posts tagged “tax”
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.
Managing your inheritance tax
Posted on 27th February 2022 at 17:00
Inheritance tax (IHT) is one of the most unpopular form of taxes due to the extremely high 40% tax rate which typically is more than most would pay during their lifetime. Making plans to minimise IHT has never been more important.
NI to increase by 1.25% from April to fund the Health and Care Levy
Posted on 27th February 2022 at 16:15
The Government is set to increase National Insurance Contributions (NICs) by 1.25% from April to fund the Health and Social Care Levy.
BUDGET SUMMARY ARCHIVE
Posted on 9th February 2022 at 11:42
Click the links below to be redirected to our revelvant budget document.
Businesses helped by COVID-19 support could face unexpected tax charges
Posted on 31st January 2022 at 17:26
Businesses and self-assessment taxpayers that received any financial aid as part of the COVID-19 support scheme will now need to include these grants in their tax return.
Tax return extension 20/21
Posted on 31st January 2022 at 13:38
Any taxpayers who are yet to submit their completed Self-Assessment tax return which is due before January 31st are being given an extension to file until February 28th.
