by Terry Phillips | Oct 17, 2023 | corporation tax, accountancy, Accountants, Business Owner, director, Employer, Family Business, hmrc, Limited Company, tax
Accountants Chester – Tax Tip No. 43 If you have a company that is dormant and you have filed your company tax return showing that no tax is due, you may think that there is nothing further you need to do as regards the lack of corporation tax due. After all,...
by Terry Phillips | Apr 28, 2023 | accountancy, accountancy software, bookkeeping, Business Owner, corporation tax, Employer, Employment, Employment Allowance, expense claims, expenses, hmrc, Income Tax, tax, tax rebate
Accountants Chester | Tax Tip No. 16 If you incur expenses in doing your job, you may be able to claim tax relief. While the rules governing the availability of relief are strict, the process for claiming relief where it is available is relatively straightforward....
by Terry Phillips | Mar 18, 2023 | corporation tax, accountancy, Business Owner, hmrc, tax, tax rebate
Accountants Chester – Tax Tip No. 10 Changes to the corporation tax regime come into effect from 1 April 2023 – the start of the financial year (FY) 2023. From that date there will no longer be a single rate of corporation tax; rather, the rate at which a...
by Terry Phillips | Mar 15, 2023 | Budget, Alcohol Duty, corporation tax, Fuel Duty, hmrc, Pension Allowance, tax
Accountants Chester – Spring Budget Accountants Chester – Tax Highlights Pension contributions lifetime allowance scrapped Annual allowance for pension contributions increased from £40,000 to £60,000 Fuel duty frozen 100% ‘full expensing’ tax relief from 1...