Get to grips with the 2022-23 National Insurance and Dividend Tax rates

Latest News

2022-23 National Insurance and Dividend Tax rates

Get to grips with the 2022-23 National Insurance and Dividend Tax rates

As part of the new Health and Social Care levy, 2022-23 National Insurance (NI) and Dividend Tax rates have increased by a 1.25 percentage point as of 6 April. Many businesses are getting to grips with the added complications to the payments of National Insurance Contributions (NICs) and dividends. How have NICs changed because of […]

Get to grips with the 2022-23 National Insurance and Dividend Tax rates Read More »

As part of the new Health and Social Care levy, 2022-23 National Insurance (NI) and Dividend Tax rates have increased by a 1.25 percentage point as of 6 April. Many businesses are getting to grips with the added complications to the payments of National Insurance Contributions (NICs) and dividends. How have NICs changed because of

Finance a new business

How can you finance a business?

With the current economic climate of high inflation, global uncertainty, and the backdrop of war, financing a new business might seem a challenge. However, with planning, careful research and professional advice, you can find the right financial solution for you. If the traditional funding route is problematic, other forms of finance may also be a

How can you finance a business? Read More »

With the current economic climate of high inflation, global uncertainty, and the backdrop of war, financing a new business might seem a challenge. However, with planning, careful research and professional advice, you can find the right financial solution for you. If the traditional funding route is problematic, other forms of finance may also be a

Controlling your business expenses, blue expenses report on desk

Managing business expenses? Keep a lid on it!

Businesses often find it a challenge to keep costs down, particularly whilst inflation rates soar and the cost of utility bills dramatical rise. Designing an expense report will help track any business-related expenses that your employees incur, either through a company credit card or spending their funds. These expenses might include spending related to work

Managing business expenses? Keep a lid on it! Read More »

Businesses often find it a challenge to keep costs down, particularly whilst inflation rates soar and the cost of utility bills dramatical rise. Designing an expense report will help track any business-related expenses that your employees incur, either through a company credit card or spending their funds. These expenses might include spending related to work

Six signs that your business is in trouble. don't ignore the warning

Six signs that your business is in trouble

Don’t ignore the signs that your business is struggling. Losing a business is incredibly stressful, both for you and any employees who may lose their jobs. You have worked too long and too hard getting your business set up and putting your heart and soul into making it a success.  Equally, if you have a

Six signs that your business is in trouble Read More »

Don’t ignore the signs that your business is struggling. Losing a business is incredibly stressful, both for you and any employees who may lose their jobs. You have worked too long and too hard getting your business set up and putting your heart and soul into making it a success.  Equally, if you have a

Spring internal promotions

We have a spring in our step with two internal promotions

Charlotte Willmore receives RI Status Wilder Coe delightfully announced that Charlotte has gained her Responsible Individual (RI) status and is now a Senior Statutory Auditor effective 1 April 2022. Her appointment to RI is a significant professional milestone on her journey to Partnership. Charlotte Willmore began her career in 2010, joining Wilder Coe on a

We have a spring in our step with two internal promotions Read More »

Charlotte Willmore receives RI Status Wilder Coe delightfully announced that Charlotte has gained her Responsible Individual (RI) status and is now a Senior Statutory Auditor effective 1 April 2022. Her appointment to RI is a significant professional milestone on her journey to Partnership. Charlotte Willmore began her career in 2010, joining Wilder Coe on a

Spring Statement 2022

Spring Statement 2022

Two years ago, the UK entered its first lockdown. On Wednesday 23 March, our eyes were firmly fixed on the Chancellor of the Exchequer, Rishi Sunak, as he rose to deliver his Spring Statement. Yet again, Mr Sunak found himself addressing MPs against a background of the crisis, with the residual impact of COVID, the

Spring Statement 2022 Read More »

Two years ago, the UK entered its first lockdown. On Wednesday 23 March, our eyes were firmly fixed on the Chancellor of the Exchequer, Rishi Sunak, as he rose to deliver his Spring Statement. Yet again, Mr Sunak found himself addressing MPs against a background of the crisis, with the residual impact of COVID, the

Charities Act 2022 - pot of pennies marked charity

Charities Act 2022: 5 changes to Charity Law

On 24 February 2022, the Charities Bill received Royal Assent to become the Charities Act 2022. The Commission has worked extensively with charities and their representative bodies, the Department for Digital, Culture, Media & Sport (DCMS) and the Law Commission to bring these changes forward. What are the changes? It will be more straightforward for

Charities Act 2022: 5 changes to Charity Law Read More »

On 24 February 2022, the Charities Bill received Royal Assent to become the Charities Act 2022. The Commission has worked extensively with charities and their representative bodies, the Department for Digital, Culture, Media & Sport (DCMS) and the Law Commission to bring these changes forward. What are the changes? It will be more straightforward for

Tax changes 2022-23 tax time on yellow sticky note with yellow clock

Tax changes 2022-23: Are you ready for April 6?

With the new tax year approaching on 6 April, what are the forthcoming tax rate changes in the 2022-23 tax year. National Insurance threshold and rate changes On 6 April, National Insurance (NI) rates will increase by 1.25%. The government is introducing a health and social care levy, where working people contribute to funding the

Tax changes 2022-23: Are you ready for April 6? Read More »

With the new tax year approaching on 6 April, what are the forthcoming tax rate changes in the 2022-23 tax year. National Insurance threshold and rate changes On 6 April, National Insurance (NI) rates will increase by 1.25%. The government is introducing a health and social care levy, where working people contribute to funding the

HMRC shuts telephone services to focus on backlog

Following a surge in enquiries due to the pandemic, HM Revenue & Customs (HMRC) has announced it must prioritise its essential services by temporarily closing telephone hotlines. HMRC will focus on stabilising phone and tax credits/child benefits services, taking extra steps to meet targets and supporting at-risk customers. During December, the tax authority ran tests

HMRC shuts telephone services to focus on backlog Read More »

Following a surge in enquiries due to the pandemic, HM Revenue & Customs (HMRC) has announced it must prioritise its essential services by temporarily closing telephone hotlines. HMRC will focus on stabilising phone and tax credits/child benefits services, taking extra steps to meet targets and supporting at-risk customers. During December, the tax authority ran tests

COVID-19 grants and payments company tax returns

Company tax returns must include COVID-19 grants

Taxpayers who received Coronavirus business support must remember that COVID-19 grants or payments are taxable and must get declared on company tax returns.  HM Revenue & Customs (HMRC) has issued a reminder that the filing deadline for company tax returns (CT600) is 12 months after the end of the accounting period it covers. The deadline

Company tax returns must include COVID-19 grants Read More »

Taxpayers who received Coronavirus business support must remember that COVID-19 grants or payments are taxable and must get declared on company tax returns.  HM Revenue & Customs (HMRC) has issued a reminder that the filing deadline for company tax returns (CT600) is 12 months after the end of the accounting period it covers. The deadline