31 January 2023            
    
        
        
        The government are committed to a number of important changes to Research & Development (R&D) tax relief from 1 April 2023. It also looks increasing likely            
                Read more
    
            
                    31 January 2023            
    
        
        
        If you would like to legitimately reduce your 2021/22 tax bill that you have just paid, or your bill for 2022/23, you might want to consider            
                Read more
    
            
                    31 January 2023            
    
        
        
        Date What’s Due 01/02 Corporation tax payment for year to 30/4/22 (unless quarterly instalments apply) 19/02 PAYE & NIC deductions, and CIS return and tax, for            
                Read more
    
            
                    21 December 2022            
    
        
        
        At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax affairs before the end            
                Read more
    
            
                    21 December 2022            
    
        
        
        For most taxpayers the maximum pension contribution is £40,000 each tax year, although this depends on their earnings. This limit covers both contributions by the individual            
                Read more
    
            
                    21 December 2022            
    
        
        
        Top of the New Year to do list for many individuals is to make or update their Will. Many think this is something to leave until            
                Read more
    
            
                    21 December 2022            
    
        
        
        When considering the wording of your Will you should note that the inheritance tax (IHT) nil rate band continues to be frozen at £325,000 until 2028.            
                Read more
    
            
                    21 December 2022            
    
        
        
        The CGT annual exempt amount reduces from £12,300 to just £6,000 for gains made in 2023/24. Remember that the 2022/23 allowance is lost if not used            
                Read more
    
            
                    21 December 2022            
    
        
        
        The 130% super-deduction for the investment in plant and machinery was introduced in the March 2021 Budget. The enhanced tax deduction is available to limited companies            
                Read more
    
            
                    21 December 2022            
    
        
        
        The 130% super-deduction referred to above only applies to limited companies, however the Annual Investment Allowance (AIA) is available to unincorporated businesses as well as limited            
                Read more
    
            
                    21 December 2022            
    
        
        
        A new points-based system for late VAT returns starts for return periods commencing on or after 1 January 2023. A financial penalty will apply when a            
                Read more
    
            
                    21 December 2022            
    
        
        
        The table below sets out the HMRC advisory reimbursement rates for employees' private mileage using their company car from 1 December 2022. Where full reimbursement is            
                Read more
    
            

 
						
						    
 
					

 
				 
				 Request a call back
 Request a call back