Client was advised what tax to pay well before the January deadline for 2024. When completing his tax return for 2023/24 I assumed that the payments on account had been paid and did not check his HMRC ...

With the onset of the new financial year on April 6, a variety of changes will impact employed individuals, benefit claimants ...

As we usher in the new financial year on April 6, various changes are on the horizon for employees, benefit claimants, and ...

A petition to raise the HMRC income tax personal allowance threshold from £12,570 to £20,000 has received more than 130,000 signatories, and could now be debated by MPs.

Chancellor Rachel Reeves has repeatedly refused to rule out slashing Cash ISA limits, which would lower the amount you could ...

I was tasked with authoring an 1,800-word article on the impact on planning from the government’s decision to add pensions to ...

The most common tax code is 1257L, which is currently used for most people who have one job or pension. The UK Government recently announced the Personal Allowance will remain frozen at £12,570 until ...

Contractors have been told they may need to examine any VAT recovered from cladding remediation work dating back to 2021. The ...

Client is late submitting VAT returns. We are now almost in a position to complete them, although arestill waiting for one or two things from the ...

It differs depending on engine size as HMRC considered the fuel efficiency in different engines. In the update, HMRC ...

Motorists are being told to prepare for a price surge by March as travelling in the UK with petrol and diesel company cars is set to become more costly. This is due to new Advisory Fuel Rates updated ...

Inheritance Tax takings receipts between April 2024 and January 2025 rose to £7billion, HMRC data shows. The new figures show an increase of Inheritance Tax (IHT) of £700million compared with the same ...