100 Days to Self-Assessment Deadline

100 Days to Self-Assessment Deadline

by | 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...
Preserving the personal allowance

Preserving the personal allowance

by | 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...