As we prepare for the new fiscal period in April 2024, staying proactive and well-informed about payroll changes is paramount for businesses of all sizes. After this year’s Spring Budget,…
pubexpertsApril 1, 2024
As of the 1st of February 2023, HMRC stopped sending receipt letters for VAT option to tax (OTT) notifications. They will, however, continue to send an automated email reply to…
pubexpertsFebruary 1, 2023
On the 19th of December, the Exchequer Secretary to the Treasury, James Cartlidge, laid out plans to extend the alcohol duty freeze in line with reforms taking place in August…
pubexpertsDecember 20, 2022
As we celebrate the New Year, HMRC will be welcoming a new penalty system for the late filing of VAT returns, amongst other changes… On the 1st January 2023…
pubexpertsDecember 15, 2022
Despite previous decisions to cancel the increase, it has been confirmed that the main rate of corporation tax will go up to 25%. In the September mini budget, ex-Chancellor Kwasi…
pubexpertsDecember 9, 2022
In November, Jeremy Hunt announced upcoming changes to income tax, most notably a reduction of the threshold at which people are required to pay the additional income tax. When Chancellor…
pubexpertsDecember 5, 2022
The government has decided to make the £1,000,000 limit for the Annual Investment Allowance permanent, eliminating plans to reduce it to £200,000 in April 2023. The Annual Investment Allowance (AIA)…
pubexpertsDecember 2, 2022
In his Autumn Statement, Jeremy Hunt announced that there will be changes to the Research and Development tax relief for small and medium-sized enterprises (SMEs) When Jeremy Hunt delivered his…
pubexpertsNovember 29, 2022
As part of his Autumn Statement, Chancellor Jeremy Hunt announced a reversal of the temporary increase in National Insurance Contributions and the cancellation of the Health and Social Care Levy. …
pubexpertsNovember 24, 2022
In March 2022, Chancellor Rishi Sunak announced in his spring statement (2022) that he would be backing small businesses to thrive and grow. Sunak stressed the importance of SMEs to…
pubexpertsMay 19, 2022
Pension tax relief is automatically applied to your salary if your workplace is part of a net pay pension system. However, private and self-invested pensions might also qualify for a…
pubexpertsMay 17, 2022
Claimants are encouraged to educate themselves on how they can get more support if they are financially struggling. Your part-time employees who are also claiming universal credit could be entitled…
pubexpertsMay 16, 2022
Prince Charles substituted the queen at the ceremony to officially reopen Parliament. The prince highlighted 38 new laws that the Houses of Parliament intended to pass within the new year.…
pubexpertsMay 13, 2022
Supporting mental health in the workplace is more of a necessity now than ever before. Although awareness of issues like anxiety and depression is on the rise, it can still…
pubexpertsMay 9, 2022
In February 2022, Chancellor Rishi Sunak announced that the government would be giving people a £150 council tax rebate in April. The government introduced the rebate in response to the…
pubexpertsApril 18, 2022
Households in England in tax bands A-D should expect a £150 rebate. At the start of the year, the government announced a national council tax rebate that would help individuals…
pubexpertsApril 12, 2022
On Wednesday, 23rd of March 2022, Chancellor Sunak confirmed to the treasury committee that the pension triple lock will apply until 2023/24. This will see an increase of approximately 7.4%…
pubexpertsApril 11, 2022
Money-saving expert and journalist Martin Lewis has warned the British public that they should check their tax code is correct or risk losing a significant amount of money. Due to…
pubexpertsApril 10, 2022
In 2021, Chancellor Sunak announced in his budget that income tax personal allowance and the higher rate threshold would remain frozen for four years from 2022/23 until 2025/26. As previously…
pubexpertsApril 9, 2022
