by Admin | Jul 13, 2023 | Duties
Changes in the way alcohol is taxed will come into effect from 1 August 2023. The new system of calculating alcohol duty for all alcoholic drinks will be made using standardised tax bands based on alcohol by volume (ABV). This will replace the current alcohol...
by Admin | Jul 11, 2023 | Business Support
Business owners are not exempt from the effects of inflation, but unlike waged individuals, they may have more options to increase cash flow. Here’s a few ideas you may like to consider: If you have slow-moving or dormant stock sitting on your storage racks,...
by Admin | Jul 6, 2023 | National Insurance
National Insurance credits can help qualifying applicants fill gaps in their National Insurance record. This can assist taxpayers in building up the number of qualifying years of National Insurance contributions and which can also increase the amount of benefits...
by Admin | Jul 6, 2023 | Income Tax
There are a number of reasons why you might need to contact HMRC about changes in your income. HMRC’s guidance states that this could happen because you: did not realise you needed to tell HMRC about it; were not sure how to declare it; or did not...
by Admin | Jul 6, 2023 | Tax credits
The 31 July 2023 is the final day for families and individuals that receive tax credits to tell HMRC about any changes in their circumstances or income and to renew their tax credit application. As in previous years, there is likely to be a last-minute rush...
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