by Henry Walker | Dec 1, 2023 | Tax
Yes, it’s that time of year again! Christmas is on the horizon, and the office Christmas party planning will be in full swing for many companies across the UK. So, if you are planning a shindig for your employees, you should maximise the tax breaks available from... 
by Henry Walker | Dec 1, 2023 | Finance, HMRC, Tax
Pensions are set to have one of the biggest overhauls in recent memory, as the Chancellor also announced a consultation on plans that would bring significant changes to pensions in the UK. The biggest change would be a Lifetime Pension, more colloquially known as a... 
by Henry Walker | Dec 1, 2023 | Business, Finance, HMRC, Tax
The biggest tax cuts announced by the Chancellor in his Autumn Statement were in NICs, where self-employed people will no longer pay Class 2 NICs at all from April 6, 2024. Class 4 NICs will be reduced from 9% to 8% from the same date, while Class 1 employee NICs –... 
by Henry Walker | Dec 1, 2023 | Business, Finance, HMRC, Tax
Chancellor Jeremy Hunt announced several tax breaks for individuals and businesses in this year’s Autumn Statement ahead of the General Election next year. While they will help to put a little more money back into our pockets, other decisions made over many years on... 
by Henry Walker | Nov 1, 2023 | HMRC
Importers of goods to the UK from overseas no longer need a business tax account to get an Advance Valuation Ruling for their goods. The rulings, which last for up to three years, mean traders and agents can act with legal certainty on the value of the goods they are...