HMRC interest rates for late payment increasing 10th July 2023 HMRC are increasing the interest rate charged on income tax owed to them. Find out what late payment and repayment rates are from July 2023.
184,000 low earners fined for late tax return filing 3rd July 2023 184,000 low earners fined for late tax return filing. Find out more and if you are eligibile how to make an appeal.
Self Assessment threshold changing from April 2023 26th June 2023 HMRC are changing the Self Assessment criteria threshold from April 2023 for the 23/24 tax year. Find out if you will be affected.
Energy Windfall Tax 19th June 2023 What is the Energy Windfall Tax? Find out more about the Energy Profits Levy today...
Teachers and NHS staff facing higher income tax rates 12th June 2023 Teachers and NHS staff may have to pay tax at the higher rate from April 2023. Find out if you will have to pay more tax today...
Pension lifetime allowance to be abolished 6th June 2023 The Pension Lifetime Allowance is set to be abolished. Find out what it means for you.
Over half a million families cut their childcare costs 29th May 2023 Are you claiming your tax free childcare costs? Find out more and how to claim if you are eligible.
More than 77,500 submit their 22/23 tax returns on 6 April 23rd May 2023 HMRC has reported that 77,500 have submitted their 22/23 tax returns on the first day of filing. Find out the benefits of submitting early today...
What is the 2023/2024 ISA Allowance? 15th May 2023 Find out what the ISA Allowance is for the 2023/2024 tax year and how much you can pay into each type of ISA tax free.
Inheritance Tax Loophole Gifts out of normal expenditure 9th May 2023 Find out about form IHT403 and see if you qualify for Gifts out of Normal Expenditure relief to reduce your Inheritance Tax bill.
Full expensing £9 billion a year tax cut for companies 2nd May 2023 From 1 April 2023 companies can benefit from Full Expensing which allows them to deduct 100% of the cost on qualifying expenses. Find out more today...
Cost of Living Payments coming soon if you receive tax credits 24th April 2023 Do you receive tax credits? You could be receiving a cost of living payment at the start of May 2023.
