Insights into the Changes for the New Tax Year
Insights into the changes for the New Tax Year. The new tax year began on April 6th, ushering in revisions to tax rates, thresholds, and regulations. Our insights into the changes in the new tax year help individuals and businesses anticipate alterations and their potential impacts. For individuals, changes in tax rates and thresholds directly […]
Combating HMRC Scammers
In the 12 months leading up to September 2023, HMRC has been actively combating scammers who impersonate them to target taxpayers. These scammers employ various tactics, such as offering tax rebates and making false threats regarding unpaid taxes. HMRC issued a warning to taxpayers, advising them to remain vigilant against scam attempts through text messages, […]
Charities Act 2022
The Charities Act 2022 The Charities Act 2022 has undergone clarifications by the Charity Commission, particularly regarding selling or leasing charity land and utilising endowment funds. On 1 June, when the regulations become effective. This webpage outlines a tentative schedule for implementing the Charities Act 2022 and fulfilling additional commitments made by the government in […]
Electronic Sales Suppression
HM Revenue & Customs (HMRC) has launched a letter initiative to urge businesses that have misused their cash register systems, called electronic sales suppression, to rectify their tax affairs. We anticipate that this campaign to persist for at least the upcoming year. Issuing these letters is a crucial aspect of the HM Revenue & Customs […]
5 ways to please your accountant
Your accountant plays a crucial role in managing your finances; therefore, they are 5 ways to please your accountant. When it comes to maintaining a positive relationship with them, you can immediately take to keep your accountant happy, foster a harmonious professional bond, and enable them to deliver their optimal services for your small enterprise. […]
