Posts by Paige Collins
National insurance contribution (NIC) changes for the self-employed announced in the Autumn Statement come in from 6 April 2024 and will be welcome news. But the reforms don’t go far enough to offset the continuing cost of frozen tax thresholds. NICs classes The self-employed currently pay two classes of NICs:...
VAT registration goes online only
HMRC is moving ahead with its ‘digital by default’ ambition by pushing VAT registration to...National Living and Minimum Wages increase
Minimum wage rates will see substantial increases from 1 April 2024 – welcome news for...Free property alerts for landlords
Landlords in England and Wales might not be aware, but there is a free property...
From 2024/25, restrictions to the cash basis will be removed, making it the default method for calculating trading profit for...
The 31 January 2024 deadline for submitting a 2022/23 self-assessment tax return is not far off, especially for those not...
HMRC urges taxpayers to finalise tax returns early and urges those with 2021/22 issues to resolve provisional figures.
New HMRC statistics have shed some light on how many companies are affected by the recent hike in corporation tax...
In July, the government was reported as holding talks on abolishing inheritance tax (IHT). This wasn’t given much credence at...
The 50th anniversary of the UK’s introduction of VAT was earlier this year, but despite being around for a while,...
