HMRC’s gifts for the employer’s Christmas party
24 December 2024 | Mrge_Acontants
Each year there are a number of items you can claim for when you’re planning the firm’s Christmas party, and looking at this ahead of the festive season can result in savings for your...
IHT thresholds frozen to 2030 and pensions in by 2027
18 December 2024 | Mrge_Acontants
Inheritance tax is one of the most unpopular taxes in the UK, as many people will pay 40% tax for the first time after they have died. The confirmation in the Budget that the...
National Insurance increases for employers from April 2025
11 December 2024 | Mrge_Acontants
One of the biggest announcements in the Budget was the increase in employers’ National Insurance Contributions (NICs) from April 2025, which will result in serious cost increases for the majority of employers affected. Employers...
First Labour Budget 2024 – the changes announced
05 December 2024 | Mrge_Acontants
Labour Chancellor Rachel Reeves delivered her first Budget at the end of October – which was also the first Budget ever delivered by a female Chancellor of the Exchequer, with Britain’s wealthiest people and...
New rules on tipping mean staff will get every penny
27 November 2024 | Mrge_Acontants
Business owners whose staff are given tips by customers must now ensure every penny given goes to the workers and none of it is kept by the business owner. The rule change, which came...
Just six months left to top up state pension back to 2006
20 November 2024 | Mrge_Acontants
Anyone with an incomplete National Insurance record between 2006 and 2016 has until April 5, 2025, to top up their National Insurance (NI) payments to get the maximum state pension. Ordinarily, voluntary NI top-ups...
Tax relief claims on employee expenses changed
13 November 2024 | Mrge_Acontants
Employees on PAYE who need to make expenses claims can no longer currently make their claims online, and instead will have to use a postal system to deal with HMRC. Anyone who has out-of-pocket...
Rules on fraudulent payments change from October
11 November 2024 | Mrge_Acontants
New protection rules which came in on October 7 mean banks will now refund qualifying Authorised Push Payment (APP) payments where someone has unwittingly paid a fraudster. The rules apply to transactions made between...
Corporation Tax reminders will no longer be sent
24 October 2024 | Mrge_Acontants
Businesses will no longer receive Corporation Tax reminder letters from September, so from now on, you will need to be on top of your Corporation Tax to make sure you pay everything on time...
How to deal with an estate on death as lifetime gift clawbacks rise
16 October 2024 | Mrge_Acontants
Dealing with someone’s death is never easy, and unpicking their affairs once they have gone, especially if there has been no forward planning for this inevitable event, can be very hard on those left...
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