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Personal Tax

Image of calendar with a red ink circle around the 31st as illustration for post 'Self Assessment – less than 80 days to go!'

Self Assessment – less than 80 days to go!

Personal Tax,
At the time of publishing, there are less than 80 days to go until the 31st January 2024 deadline for…
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about Self Assessment – less than 80 days to go!
Image of a call centre worker wearing a headset, with 'offline' as illustration for post 'HMRC reopens self-assessment helpline'.

HMRC reopens self-assessment helpline

HMRC, News, Personal Tax,
HMRC reopened the self-assessment tax helpline in early September, having closed it for three months over the summer. Between the 12th June…
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about HMRC reopens self-assessment helpline
Image of coins spilling from a jam jar labelled 'Tax' as illustration for post 'One million more pulled into tax on savings'.

One million more pulled into tax on savings

News, Personal Tax,
New data has revealed that rising interest rates and frozen thresholds will force over one million more taxpayers to pay…
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about One million more pulled into tax on savings
Image of young business owner frustrated by preparation of data as illustration for post 'HMRC to demand more details in three areas'.

HMRC to demand more details in three areas

HMRC, HR, Limited Company, Personal Tax, Sole Trader,
It’s been announced that new requirements for reporting working hours, shareholdings and dividends, as well as self-employed trading dates, will…
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about HMRC to demand more details in three areas
Image of the HMRC logo as illustration for post 'HMRC’s closure of the Self Assessment Helpline ‘not good enough’'

HMRC’s closure of the Self Assessment Helpline ‘not good enough’

HMRC, News, Personal Tax,
HMRC announced recently its self-assessment telephone helpline will be closed until the 4th September 2023. Just one week’s notice of the…
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about HMRC’s closure of the Self Assessment Helpline ‘not good enough’
Image of a pen poised over a paper tax return as illustration for post 'Self-assessment threshold increases to £150,000.'

Self-assessment threshold increases to £150,000

News, Personal Tax,
HMRC revealed recently that the Self Assessment threshold for PAYE taxpayers will increase from £100,000 to £150,000 for the 2023/24…
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about Self-assessment threshold increases to £150,000
Image of packs of £50 notes as illustration for post 'Salary or Dividends?'

Salary or Dividends?

Limited Company, National Insurance, News, Payroll, Personal Tax,
UK Tax rules over recent years have made it tax efficient for Directors of small companies to predominantly take their…
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about Salary or Dividends?
Image of a notepad with 'Lets Rethink' written cross it as illustration for post 'Rethinking Making Tax Digital for Income Tax: ICAEW Calls for Change'.

Rethinking Making Tax Digital for Income Tax: ICAEW Calls for Change

Personal Tax, Property Tax, Sole Trader,
Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is supposed to be at the forefront of the digital…
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about Rethinking Making Tax Digital for Income Tax: ICAEW Calls for Change
Image of the Bank of England as illustration for post 'HMRC interest rates increase'.

HMRC interest rates increase 

Corporation Tax, HMRC, News, Personal Tax, VAT,
The Bank of England Monetary Policy Committee announced on 11th May 2023 that it would increase the Bank of England…
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about HMRC interest rates increase