by admin | Nov 11, 2024 | Business |
The Bank of England's recent decision to reduce the base rate to 4.75% brings several potential benefits to various sectors of the UK economy. Let's explore these advantages in detail. Reduced Borrowing Costs Lowering the base rate directly influences the...
by admin | Nov 8, 2024 | Tax Diary |
1 December 2024 – Due date for Corporation Tax payable for the year ended 28 February 2024. 19 December 2024 – PAYE and NIC deductions due for month ended 5 December 2024. (If you pay your tax electronically the due date is 22 December 2024). 19 December...
by admin | Nov 7, 2024 | Income Tax |
It was announced as part of the Autumn Budget measures that the government will not now proceed with the reform to base the High Income Child Benefit Charge (HICBC) on household incomes. To make it easier for all taxpayers to get their HICBC right, the government will...
by admin | Nov 7, 2024 | General |
As part of the recent Budget measures, it has been confirmed that the Help to Save scheme is to be extended by a further 2 years, until April 2027. The last date an account can be opened under the current scheme will be 5 April 2027. Around 517,000 Help to Save...
by admin | Nov 7, 2024 | Inheritance Tax |
It was announced as part of the Budget measures that the government will reform these reliefs from 6 April 2026. The existing 100% rates of relief will be maintained for the first £1 million of combined agricultural and business property. The rate of relief will...
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