The government announced yesterday that it will cut National Insurance Contributions rates by 1.25 percentage points for employees, employers and the self-employed. This cut will take effect from 6th November 2022 and will cover Class 1, Class 1A, Class 1B and Class 4 National Insurance, effectively reversing the uplift introduced in April 2022. In addition,…
Like many millions across the world, we were saddened to hear of the passing of Queen Elizabeth II yesterday. The Royal Family have our sincere condolences on the loss on their beloved mother and grandmother.
We will be closing at 3pm on Monday 21st December 2020 for the Christmas break and re-opening in the New Year on Monday 4th January 2021 at 9.30am. We hope that everyone has a safe and peaceful Christmas this year and we will return refreshed to face new challenges with you in the New Year.
As the world moves into a new working normal, we like many others are currently adapting to the current government guidelines regarding safe working. Our offices are now open on Tuesday and Thursday between 10am and 1pm for clients to drop paperwork off and we remain in contact by email during our usual opening hours. …
The claims portal for employers to claim furlough grants opened on Monday 20th April and we have successfully submitted claims on behalf of a number of our clients. The government has provided the scheme to enable employers to furlough their staff due to the COVID-19 crisis rather than lay them off, as businesses have been…
Following on from the Prime Minister’s announcement on Monday 23rd March, our office is closed and we are working remotely at home. We will be able to retrieve voicemail messages left on the phone system and will return calls as soon as we are able to do so. We are also contactable by email on…
From 6 April 2020, if you’re a UK resident and sell a residential property in the UK you’ll have 30 days to tell HMRC and pay any Capital Gains Tax owed. If you don’t tell HMRC about any Capital Gains Tax within 30 days of completion, you may be sent a penalty as well as…
Low-paid workers will receive a 6.2% pay rise with a new National Living Wage (NLW) of £8.72 per hour, the biggest cash increase ever, with the new rates coming into effect from 1st April 2020. The increased rates were recommended by the Low Pay Commission, an independent body that advises the government about the National…
According to HMRC figures, over 1.1m businesses have now signed up for Making Tax Digital and over 1.2m VAT returns having been successfully submitted through the service to date. However, 120,000 VAT-registered businesses with a turnover over £85,000 failed to take action by the 7 August deadline as they did not sign up in time.…
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