P11D and Class 1A National Insurance
A reminder about payments relating to benefits in kind and National Insurance. Employers must pay Class 1A National Insurance contributions on work benefits given to their employees, such as a […]
Personal Tax
Make use of ISAs to save tax now
Individual Savings Accounts (ISAs) are tax-efficient savings and investment accounts that offer a range of advantages to individuals who wish to grow their wealth ISA allowances are an important
Dividend or salary – or both to extract funds from your company
What is the most efficient method of extracting funds from your company? As a director of your limited company, you are not allowed to simply keep the profits in the
The Budget and VAT
From 1 April 2024, the VAT registration threshold and deregistration thresholds each increased by £5,000 to £90,000 and £88,000 respectively. The thresholds had previously been frozen at £85,000 and
High-Income Child Benefit Charge
Approximately 180,000 families are encouraged to reconsider claiming child benefit following changes to the high-income child benefit charge (HICBC), which apply from 6 April 2024, when the thresholds will be
March year end approaching?
Tax planning in arrears when the accounting date has passed is severely limited; please consider the opportunities that arise within the accounting period. There are many areas to consider, which