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Posts by Paige Collins

Caught in the 60% Tax Trap?

The number of taxpayers caught in the 60% tax trap has increased by nearly 25% over the past year. More than 500,000 people are now affected by higher tax rates due to their income exceeding £100,000. The 60% rate applies to income between £100,000 and £125,140. This is the tranche...

Opening the Books – The Government’s Spending Inheritance

The date of the Autumn Budget has been announced (Wednesday 30 October 2024), accompanied by...

Digital Invoicing Could Prevent Invoice Fraud

Companies without a digital invoice processing system in place are leaving themselves open to invoice...

Small Businesses Top Tax Gap Defaulters

For 2022/23, the tax gap has increased to a record £39.8 billion, with small businesses...

Self-Employed Benefit From Class 4 NIC Reductions

Self-employed workers will see a substantial reduction in their Class 4 national insurance contributions (NICs) for the current tax year...
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New Carer’s Leave in Effect

Employers need to be aware that since 6 April 2024, employees are entitled to take a week’s unpaid leave each...
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How to Maximise Your State Pension

Are you looking to maximise your retirement income? If you were born after April 5, 1951 (for men) or April...
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Child Benefit Charge Confirmed Changes

Taxpayers will benefit from the changes made to the high-income child benefit charge thanks to all tax measures from the...
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The First Election Tax Stories

England’s next General Election is this week, so let’s reflect on tax plans that Labour and the Conservatives promised when...
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Landlord Update on Renters Reform Bill

The Renters Reform Bill has finally completed its passage through the House of Commons with important concessions made in favour...
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