Skills Bootcamps


February 27th, 2024

Skills Bootcamps help you develop new skills that employers are looking for. They are a great opportunity to train in a new industry or progress in your current career.   Types of Skills Bootcamps There are hundreds of Skills Bootcamps available across many areas, for example: digital, including data engineering, software development and marketing; technical, […]

Self-Assessment tax returns 2023-24


February 22nd, 2024

We have just passed the filing deadline for the 2022-23 tax year, and any 2022-23 returns filed after 31 January 2024 will be subject to late filing penalties. However, this post is focussed on processing your returns for 2023-24 and the message is, lets get your returns processed as soon as possible after 5 April […]

Timing in business is everything


February 20th, 2024

In a previous blog post we outlined the importance of reviewing your income before the end of the current tax year. The message was a simple one, any meaningful planning has to be implemented – for 2023-24 – before 6 April 2024, the end of the tax year. A similar deadline applies to business planning, […]

Support for thousands of pubs


February 15th, 2024

More than 38,000 pubs will benefit from the six-month freeze on alcohol duty from 1 February 2024. According to HM Treasury: The great British pub receives further boost from I February as a six-month alcohol duty freeze to 1 August 2024 takes effect. This tax saving will help support around 38,175 pubs to face rising […]

Keep an eye on your income for 2023-24


February 13th, 2024

As you are probably aware the 2023-24 tax year ends on 5 April 2024. After this date, most of the opportunities to arrange your tax affairs in the most advantageous way end and action to reduce your tax payments must be taken before this date. Accordingly, we have less than two months to get organised. […]

Powers of Attorney Act receives Royal Assent


February 8th, 2024

Reforms to simplify and streamline lasting powers of attorney are given Royal Assent. These legal agreements enable a person to grant decision making powers about their care, treatment or financial affairs to another person if they lose mental capacity. The Powers of Attorney Act fires the starting gun on bringing the existing paper-based process online […]

State Pension entitlement if you retire abroad


February 6th, 2024

You can claim State Pension abroad if you have paid enough UK National Insurance contributions to qualify. To make a claim you must be within four months of your State Pension age. You must choose which country you want your pension to be paid in. You cannot be paid in one country for part of […]

Tax Diary February/March 2024


February 2nd, 2024

1 February 2024 – Due date for Corporation Tax payable for the year ended 30 April 2023. 19 February 2024 – PAYE and NIC deductions due for month ended 5 February 2024. (If you pay your tax electronically the due date is 22 February 2024) 19 February 2024 – Filing deadline for the CIS300 monthly […]

Do you need to register for self-assessment?


February 2nd, 2024

There are a number of reasons why you might need to complete a self-assessment return. This includes if you are self-employed, a company director, have an annual income over £150,000 and / or have income from savings, investment or property. The £100,000 threshold for self-assessment threshold change for taxpayers taxed through PAYE only, increased from […]

Year end payroll reporting


February 2nd, 2024

It is not that long until the current 2023-24 tax year comes to an end and there are a number of year end payroll chores that must be completed. This includes sending a final PAYE submission for the tax year. The last Full Payment Submission (FPS) needs to be submitted no later than the last […]