LATEST NEWS

Yesterday, the Chancellor, Jeremy Hunt announced the government’s financial plans in the budget. The main points announced were: Personal Taxes – there will be a reduction in the 45p tax threshold for people paying the top rate of tax ...

We are now starting to see reports regarding the Chancellor, Jeremy Hunt’s possible plans to increase dividend tax. Whilst this is currently only a rumour, we feel we should provide you with the details we know so far. ...

The 0.75 percentage points increase from 2.25% to 3% means a £73.49 monthly rise for the average tracker mortgage, and £46.22 for the average standard variable rate (SVR) mortgage. Since December, when the base rate ...

This morning, the Chancellor, Jeremy Hunt delivered a speech on the changes to the mini budget previously announced last month. The main changes announced were: No cuts to dividend tax rates Repeal of the easing of IR35 ...

It has been brought to our attention that there are many financial scams being attempted/taking place. Please be careful when you receive emails, text messages and phone calls. Some of the signs to look out for are as follows: The ...

Today, the Chancellor, Kwasi Kwarteng has announced that the government will repeal Off-payroll legislation. The legislation was supposed to reform IR35 , but instead held businesses back. The IR35 reforms, which were introduced in the private and public sectors in ...

This morning, the Chancellor, Kwasi Kwarteng announced the government’s financial plans in the mini budget. The main points mentioned were: The cap on bankers’ bonuses has been lifted. Corporation tax rise has been scrapped. It was previously set to rise from 19% to ...

Based on HMRC’s latest figures, approximately 20% of taxpayers who had gains to declare from UK residential property sales, failed to report and pay the capital gains tax (CGT) due on time in 2021/22. The ...

Last week an update was given for MTD for ITSA (Making Tax Digital for Income Tax Self Assessment) reporting requirements. The update sets out the categories of income and expenses that are required to be reported ...

The Government’s plan to help people with the cost of living You may have seen that the Chancellor, Rishi Sunak has announced the government’s plans to help people with the cost of living. The plans ...