News and Events - Page 15

Why not use our tax rates guide and online tax calendar to help you manage those important deadlines in the year ahead.

We have examined the details of Jeremy Hunt's first Spring Budget and hope the following highlights, which we feel will be the most significant, will be helpful.

For investors, February proved something of a mixed bag following very strong performance from risk assets in January.

On 1 April 2022, the Register of Persons Holding a Controlled Interest in Land (“RCI”) came into being in Scotland. This will have implications for landowners and tenants.

The UK Government has announced the annual increases in National Minimum Wage rates to apply from 1 April 2023.

If you’re a taxpayer and you’re 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.

There is now less than a week to pay 2021/22 self-assessment tax bills or face a penalty equal to 5% of the outstanding tax. Friday 3 March is the final deadline to settle any outstanding tax charges for 2021/22

In January this year a new penalty points system was introduced for the late filing of VAT returns and the late payment of VAT.

Let our team guide you through the main tax saving and investment options available up until 5 April.

A positive start to the year. Since October, inflation has been declining and markets have been rising, however focus is starting to turn to recession.

Wednesday 5 April 2023 sees the end of the current tax year so now is the time to think about how to make the most of the allowances and reliefs available to you.

In what was a poor year for investors, the fourth quarter saw gains for stock markets led by Asian and European markets. Read more of our investment insights for the last quarter of 2022.