by Terry Phillips | Oct 25, 2023 | Self-Assessment, accountancy, Accountants, business management, Business Owner, director, dividends, Employer, Family Business, hmrc, Income Tax, Influencers, MTD ITSA, Personal Allowance, Self employed, Sole trader, tax, Tax return
Accountants Chester – Tax Tip No. 45 The Self-Assessment deadline is just 100 days away, HMRC has reminded customers. With just 100 days left to submit Self-Assessment tax returns for the 2022-23 tax year, HM Revenue and Customs (HMRC) is reminding customers to...
by Terry Phillips | Oct 22, 2023 | alphabet shares, accountancy, Accountants, Business Owner, director, dividends, Employer, Family Business, hmrc, Limited Company, Shares, tax
Accountants Chester – Tax Tip No. 44 Owners of personal and family companies frequently pay themselves a small salary and extract further profits as dividends. To utilise the unused personal and dividend allowances of other family members, an alphabet share...
by Terry Phillips | Sep 29, 2023 | Self-Assessment, accountancy, accountancy software, Accountants, Business Owner, director, dividends, employee, Employer, Family Business, gift aid, hmrc, Income Tax, influencer tax, Inheritance tax, making tax digital, MTD ITSA, partner, Personal Allowance, Profit Extraction, Self employed, Shares, social media, Sole trader, tax, tax rebate, Tax return, tiktok
by Mark Phillips | Jun 25, 2023 | Personal Allowance, accountancy, Accountants, Business Owner, director, dividends, Employment, hmrc, Income Tax, making tax digital, MTD ITSA, partner, Self employed, Sole trader, tax
Accountants Chester – Tax Tip No. 26 The personal allowance is set at £12,570 for 2023/24. However, not everyone is able to benefit from the personal allowance. A taper applies which gradually reduces the personal allowance until it is lost. The taper applies...
