HM Revenue & Customs (HMRC) has announced that it will be closing its main self-assessment helpline over the summer. This means that taxpayers will not be able to get help over the phone from HMRC staff between 5 July and 3 September 2023. HMRC says that it is closing the helpline in order to redeploy …
HMRC Self-Assessment Helpline Closure – What You Need to Know Read More »
The UK government has extended the deadline for voluntary national insurance contributions (NICs), giving taxpayers more time to fill gaps in their contributions and boost their state pensions. The previous deadline of 5 April 2023 had caused concerns among members of the public, leading to the extension until 31 July 2023. The extension is part …
Government Extends Deadline for Voluntary National Insurance Contributions Read More »
BUDGET SUMMARY: Here are the key points from Chancellor Jeremy Hunt’s 2023 Budget Chancellor Jeremy Hunt presented his inaugural Budget to the House of Commons, with a primary focus on encouraging those who have left their jobs to re-enter the workforce and bolstering business investments. Below are the main highlights of his announcements. FUEL, ALCOHOL, …
Tax Planning With the End of the Tax Year in Mind With the end of the 2021/22 tax year coming up, it’s important to ensure that your tax affairs are in order, and you’ve utilised all available allowances and exemptions. Our tax specialist Mateen Imtiaz sets out some of the tax reliefs that you should seek …
Investing in cryptocurrencies can be a dangerous business if you do not know what you are doing. It can also be just as risky if you do not includeany tax planning as part of your Will arrangements. Obtaining crypto tax advice should form a crucial part of your strategy. You really must think about making …
