by Terry Phillips | May 8, 2024 | tax, accountancy, Accountants, Chester, employee, Employer, hmrc, part time, PAYE, Self-Assessment, tax rebate, Tax return
by Terry Phillips | Mar 7, 2024 | Budget, ACCA, accountancy, Accountants, business management, Business Owner, Capital Gains Tax, Chester, director, employee, Employer, hmrc, Income, Income Tax, Limited Company, National Insurance, Self employed, Self-Assessment, Sole trader, tax, Tax planning, VAT
Accountants Chester – Spring Budget 2024 The Chancellor’s Spring Budget 2024 was light on surprises, focusing on extending previous measures and making minor adjustments. Here is a breakdown of the key points: Business-Friendly Measures Full Expensing...
by Terry Phillips | Feb 26, 2024 | Payroll Benefits in Kind, accountancy, Accountants, Business Owner, Chester, director, employee, Employer, Employment, hmrc, Limited Company, PAYE, Payroll, Sole trader, Tax planning, Tax return
Accountants Chester – Tax Tip No. 61 Looking to simplify your employee benefits administration in Chester? Payroll benefits offer a convenient way to handle taxable benefits in kind (BIK) for your employees. What are payroll benefits? Instead of reporting BIKs...
by Terry Phillips | Jan 28, 2024 | National Insurance, accountancy, Accountants, director, employee, hmrc, Self-Assessment, tax
Accountants Chester – Tax Tip No. 57 In his November 2023 Autumn Statement, the Chancellor announced a reduction in the main primary rate of Class 1 National Insurance from 12% to 10%. Rather than waiting until the start of the 2024/25 tax year to bring in the...
by Terry Phillips | Nov 22, 2023 | Budget, accountancy, Accountants, Business Owner, employee, Employer, hmrc, tax, Tax return
Accountants Chester – Autumn Statement Key Tax Points In an effort to boost the UK economy, Chancellor Jeremy Hunt unveiled a package of measures that includes business tax cuts and reforms to national insurance contributions: The headline rate of national...
by Terry Phillips | Nov 19, 2023 | accountancy, director, employee, Employer, Employment, hmrc, Income Tax, National Living Wage, National Minimum Wage, tax
Accountants Chester – Tax Tip No. 49 Workers are entitled to be paid the National Living Wage (NLW) or Minimum Wage (NMW) for their age. Employers who fail to do this run the risk of financial penalties and of being ‘named and shamed’. To help employers avoid... 
