News and Events

Yesterday, Chancellor Rachel Reeves delivered her Autumn Statement. We have sifted through the details and hope the following review, which we feel will be the most significant to our clients, will be helpful.

We are aware that HMRC are currently experiencing delays in their performance and service levels across some areas and would like to make you aware of these.

Basis Period Changes -
Reminder to return your records to us as soon as possible

Basis Period Reform:
Will it affect your business?

Wednesday 5 April 2024 sees the end of the current Tax Year. Following the Chancellor's continued plans to freeze and in some case reduce Tax-free allowances, it's more important than ever to make the most of some timely Tax planning.

Yesterday, Jeremy Hunt gave what could be the Conservative Party’s last Budget before a General Election and possibly his last as Chancellor of the Exchequer. He claimed the Spring Budget 2024 aimed to halve inflation, reduce debt and grow the economy.

If you are a taxpayer and you are concerned that you cannot pay your tax bill on time, you have the option to set up an online “time to pay” arrangement with HMRC.  This means you can spread the cost of you tax bill over a period of 6-12 months, helping improve cash flow.

A Steady Start to 2024 -
The year has begun on a tentative footing following the excesses of November and December, when asset prices galloped higher. Investors have paused to reflect on the ‘wall of worry’ that is said to accompany most bull markets. 

A change to the child benefit claims process means it can now be done entirely online through the government’s…

It was widely and incorrectly reported last week (w/c 8 Jan), that new reporting rules for digital platforms was…

In his 2023 Autumn statement the Chancellor’s giveaway came in the form of a cut to National Insurance rather…

In November 2023, HMRC launched a new voluntary disclosure route to allow individuals with undeclared capital gains tax (CGT)…