by katy | Nov 23, 2023 | News, Tax, Uncategorised
Personal & employment taxes As predicted, the Chancellor announced some cuts in relation to the taxes facing individuals: National InsuranceClass 1 employees’ National Insurance contributions (NICs) to be cut by 2% from 6 January 2024 (down to 10%), meaning those...
by katy | Jul 1, 2023 | HMRC, Tax, Uncategorised
Do I Need To Complete A Self-Assessment Tax Return? Self Assessment is a system HMRC uses to collect Income Tax. For those employed, Tax is usually deducted automatically from wages and pensions. People and businesses with other income (including COVID-19 grants and...
by katy | May 18, 2023 | HMRC, News, Payroll, Tax
For some time, it has generally been the case that dividends have offered company owners and directors a cost effective and flexible remuneration option compared to a bonus or salary. The gap between the two has narrowed in the past few years, and with the recent...
by scott | May 9, 2023 | Accounts, Bookkeeping, HMRC, News, Tax
Incurring expenses it’s unavoidable when running a business. There are ways to reduce the impact of these expenses by offsetting allowable costs against your tax bill. Here are some common expenses that are tax deductible: Expenses for staff parties...
by katy | Apr 18, 2023 | HMRC, News, Tax
by katy | Apr 12, 2023 | Tax
