by admin | Aug 31, 2023 | Uncategorized
Pension tax overpayments – £56m returned in Q2 2023 alone, so here’s how to claim People making the most of flexible pension withdrawals have been facing tax overpayments due to miscalculations by HMRC. In Q2 2023 alone, the taxman repaid... by admin | Aug 31, 2023 | Uncategorized
Alcohol duty changes – what it means for pubs, stores and small brewers Up to 38,000 pubs and bars which have seen cuts in the tax they pay on the draught products they serve will be better off thanks to changes to the way that Alcohol Duty is calculated from... by admin | Aug 31, 2023 | Uncategorized
Deed of assignments won’t be treated as nominations for income tax The ability to legally assign an income tax repayment, or the right to an income tax repayment, to a third party has been removed by HMRC from March 15 this year, meaning any repayment will... by admin | Aug 31, 2023 | Uncategorized
ECL now open online for registrations and returns Any regulated businesses that need to sign up for the Economic Crime (Anti-Money Laundering) Levy (ECL) can now both register and make returns via the online service. Registrations and returns cannot be made by tax... by admin | Jul 31, 2023 | Uncategorized
BoE base rate rises – has your business account kept up? The Bank of England (BoE) has raised rates 13 times in a row to June this year, with the base rate reaching 5% – a level not seen since 2008 at the height of the financial crisis. Mortgage rates and... by admin | Jul 31, 2023 | Uncategorized
Reduce your company tax bill by doing a good turn Charitable giving is something many organisations might not be considering in the current climate, especially as everyone is struggling to pay their bills. But if you have money to spare within your business, then...