Changes to individual savings account (ISA) rules coming into effect from 6th April 2024 will make ISAs more user-friendly. Most notably the move will allow multiple subscriptions of same-type ISAs in a tax year. Multiple subscriptions It is currently only possible to pay into just one ISA of each type...
The National Insurance Tax Cut
For employees, the national insurance cut announced in the Autumn Statement took effect on 6...Updated tax guidance for electric company car charging
HMRC has updated its guidance to clarify that there is no taxable benefit when an...The Decline of Trusts
The number of trusts filing self-assessment tax returns for 2021/22 was 37% lower than for...
The two existing research and development (R&D) tax relief schemes are set to merge. However the newly created scheme will...
National insurance contribution (NIC) changes for the self-employed announced in the Autumn Statement come in from 6 April 2024 and...
HMRC is moving ahead with its ‘digital by default’ ambition by pushing VAT registration to online only. Any business unable...
Minimum wage rates will see substantial increases from 1 April 2024 – welcome news for younger workers and apprentices, but...
Landlords in England and Wales might not be aware, but there is a free property alert service that monitors any...
From 2024/25, restrictions to the cash basis will be removed, making it the default method for calculating trading profit for...
