Keyword: Personal Tax Planning
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Will The National Insurance Rise Go Ahead In April 2022?
8 February 2022As the government announced on 7th September 2021, as of 6th April 2022 National Insurance (NI) contributions will increase by 1.25%. The increase is planned […]
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Making Tax Digital (MTD) & What Needs To Improve
30 November 2021The Making Tax Digital scheme recently got handed another delay to 2024. This of course allows more time for business owners and self-employed to get […]
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The Tax Gap – Statistics & What They Mean For The UK
22 September 2021HMRC have recently published their findings related to the tax gap for the tax year 2019/2020. The tax gap is defined as the difference between […]
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The Let Property Campaign – All You Need To Know
2 September 2021The Let Property Campaign (LPC) is scheme set up by HMRC, offering the opportunity for landlords to get up to date with their tax affairs. […]
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Self-Assessment Payment Plan & Second Instalment Due
14 July 2021The Self-Assessment Payment Plan is an online scheme set up by HMRC to pay any outstanding tax liabilities in full or to set up an […]
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The Tax-Free Childcare Scheme
25 June 2021The Tax-Free Childcare Scheme is a government scheme that entitles parents or guardians to 20% of childcare costs up to a maximum of £500 every […]
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Investment Schemes For Start-ups
17 June 2021Getting an injection of funds for your business can be the difference between long-term growth and having to shut up shop. Lots of small businesses […]
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The High-Income Child Benefit Tax Charge
10 June 2021The High-Income Child Benefit Tax Charge (HICBC) is a tax charge that applies to anyone with an income of over £50,000 who gets child benefits, […]
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The New HMRC Penalty System For Late Submissions
27 May 2021HMRC have recently announced a new penalty system for late submissions. The new system was designed to allow some leeway for those who occasionally miss […]