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

Tax

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

Tax-free Christmas gifts and staff arty

Tax-free Christmas gifts and celebrations

Keep your workplace Christmas gifts and celebrations tax-free. Want to avoid the taxman’s naughty list this year? Follow our guidelines to take advantage of trivial benefits rules for seasonal gifts and parties for your staff. Christmas gifts Under the trivial benefits rules, employers can treat their teams with an item of value that does not

Tax-free Christmas gifts and celebrations Read More »

Keep your workplace Christmas gifts and celebrations tax-free. Want to avoid the taxman’s naughty list this year? Follow our guidelines to take advantage of trivial benefits rules for seasonal gifts and parties for your staff. Christmas gifts Under the trivial benefits rules, employers can treat their teams with an item of value that does not

Trust Registration Service opens for non-taxable trusts

 Since 2017, any UK trust that pays income tax, capital gains tax, inheritance tax, or stamp taxes must register with the Trust Registration Service (TRS). HM Revenue & Customs (HMRC) opened the TRS on 1 September 2021 for non-taxable trusts. You must register: Non-taxable trusts in existence on or after 6 October 2020 by

Trust Registration Service opens for non-taxable trusts Read More »

 Since 2017, any UK trust that pays income tax, capital gains tax, inheritance tax, or stamp taxes must register with the Trust Registration Service (TRS). HM Revenue & Customs (HMRC) opened the TRS on 1 September 2021 for non-taxable trusts. You must register: Non-taxable trusts in existence on or after 6 October 2020 by