by Terry Phillips | Apr 17, 2025 | Uncategorized
by Terry Phillips | Apr 4, 2025 | Self-Assessment, Uncategorized
Tax Year End (2024/25) & Preparing Your Return Date: April 04, 2025 As the 2024/25 tax year officially ends on April 5th,2025, and the new 2025/26 tax year begins on April 6th, 2025, we’re writing with some important reminders and information to help you...
by Terry Phillips | Mar 25, 2025 | National Insurance, Accountants, Uncategorized
Accountants Chester: National Insurance Changes 2025/26 Date: March 25, 2025 For businesses in Chester, the upcoming 2025/26 tax year (starting April 6th) brings significant changes to National Insurance Contributions (NICs). To navigate these changes, which will...
by Terry Phillips | Mar 2, 2023 | Uncategorized, hmrc, Income Tax, making tax digital, MTD ITSA, tax, tax rebate
Accountants Chester – Tax Tip No. 7 If you have paid too much tax, you will be able to get a refund from HMRC. The mechanics for obtaining your refund depending on how the overpayment arose. Claims must be made within four years from the end of the tax year to...
by Terry Phillips | Feb 27, 2023 | accountancy, accountancy software, bookkeeping, expenses, hmrc, Income Tax, making tax digital, mileage rates, MTD ITSA, partner, Partnership, Self employed, Sole trader, tax, Uncategorized
Accountants Chester – Tax Tip No. 6 As part of the move to Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA), the basis period rules are being reformed. Despite the delay to the MTD for ITSA start date – which will now take effect from April 2026...
