by Ruth Clark | Apr 19, 2023 | Budget Announcement, Tax
Up to 30 hours of free childcare per week will become available for any child older than nine months from 2024, when there is a staggered introduction starting at 15 hours in April 2024, rising to 30 hours in September 2025. This will be a welcome boost for parents...
by Ruth Clark | Apr 12, 2023 | Budget Announcement, Tax
Pensions got a major overhaul in the Chancellor’s Budget announcements, with an increase in the amount you can put into your pension each year and an effective removal of the limit that your pension can reach before facing significant penalties of as much as 55%. Rise...
by Ruth Clark | Apr 11, 2023 | Tax
Eligibility You’ll be able to claim the New State Pension if you’re: A man born on or after 6 April 1951 A woman born on or after 6 April 1953 The earliest you can get the new State Pension is when you reach State Pension age. If you reached State Pension age before 6...
by Ruth Clark | Apr 5, 2023 | Business, Tax
The latest Budget on March 15 was a mix of wins and losses for people and companies around the country, with some considerable changes for pensions and the highest rate taxpayers thrown in. The personal allowances for the 2023/24 tax year were largely frozen once...
by Ruth Clark | Mar 27, 2023 | Tax
End of tax year allowances: As the tax year draws to a close, it is time to take stock and undertake any last-minute tax planning. This should include a review of available allowances for the 2022/23 tax years and consideration of the extent to which they have yet to...
by Ruth Clark | Mar 22, 2023 | Tax
Major changes to the way businesses process goods moving between EU Member states and Northern Ireland where excise duty has been paid came into effect on February 13 and anyone dealing with relevant goods must comply. The new Excise Movement and Control System (EMCS)...
