by Gary Woosey | Sep 27, 2021 | Tax
Businesses will now get an additional year to prepare for the Income Tax digital changes, as revealed by HM Revenue and Customs (HMRC). Acknowledging the challenges faced by many UK businesses during the pandemic, the Government will now launch Making Tax Digital...
by Gary Woosey | Sep 21, 2021 | Tax
From April to May this year, 18 to 24-year olds reported over 5,000 phone-related scams to HM Revenue and Customs (HMRC). With this in mind, HMRC is now warning university students who have part-time jobs of the risks of falling victim to scams. Recent data reveals...
by Gary Woosey | Sep 14, 2021 | Covid-19
As the furlough scheme comes to an end, the latest figures have revealed that almost 12 million workers in England, Wales, Northern Ireland and Scotland have been supported by the Coronavirus Job Retention Scheme (CJRS) since its launch last year. The initiative –...
by Gary Woosey | Sep 9, 2021 | Uncategorized
Taxpayers face an increase in their National Insurance contributions (NICs) and dividend tax rates from 2022. To explain how this significant change may affect you, please use our helpful FAQ below: How much is the National Insurance rate increasing? The Health and...
by Gary Woosey | Aug 30, 2021 | Tax
Millions of married couples and those in civil partnerships could be entitled to up to £252 in income tax relief, HM Revenue & Customs (HMRC) has revealed. The latest statistics suggest that nearly 1.8 million couples are currently claiming the Marriage Allowance....
