by Ruth Clark | Mar 26, 2025 | Uncategorised
Meeting tax obligations is costing UK firms around £15.4 billion a year according to the National Audit Office (NAO), the body responsible for scrutinising public spending, and it appears HMRC is underestimating these costs to taxpayers. This has a major impact on the...
by Ruth Clark | Mar 19, 2025 | Uncategorised
February saw another cut in the Bank of England base rate by another 0.25 percentage points to 4.5%, the third cut since August 2024. But while this should provide some relief for mortgage and credit card borrowers, savers will also see the interest they are paid on...
by Ruth Clark | Mar 12, 2025 | HMRC, Tax
Now is the time to work towards maximising your end-of-year tax planning before the new tax year starts on April 6. If you haven’t used all your allowances and reliefs for this tax year, then in the coming month, you should make the time to address this. By using up...
by Ruth Clark | Mar 5, 2025 | HMRC, Tax
While most of us were ringing in the New Year with a chorus of Auld Lang Syne or nursing a hangover from the revelries, nearly 25,000 people filed their tax return on January 1, 2025, according to HMRC figures. Most people – 2,603 – filed their returns between 14:00...
by Ruth Clark | Feb 26, 2025 | Uncategorised
The official classification of company sizes is set to change from April, with many firms being identified as smaller than they were previously, which should make filing company accounts more straightforward. The new legislation, The Companies (Accounts and Reports)...
