The deadline for filing the P11d forms to report benefits in kind in respect of directors and employees for 2022/23 is 6 July 2023. Note that the original and amended…
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This article covers changes to various tax rates and reliefs set to take effect from 1 April 2023 in the UK. The corporation tax rate will increase to 25% for…
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This article highlights recent developments in UK business taxes, including changes to National Insurance Contributions for the self-employed in 2023/24 and Making Tax Digital for Income Tax. It also covers…
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The UK government has recently made significant announcements on energy costs, childcare, and state pension benefits. The Energy Price Guarantee scheme has been extended until the end of March 2024,…
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The UK government has recently announced changes to income tax rates and allowances, which will have a significant impact on individuals' tax liabilities over the next few years. The personal…
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Recent UK government announcements have implications for capital gains tax, inheritance tax, and VAT. The annual tax-free capital gains tax exemption will be significantly reduced, the inheritance tax nil rate…
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If you are aged 45 to 70 and have gaps in your National Insurance record prior to 2016, then this blog is for you. At MMG Chartered Accountants, we understand…
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It’s not too late to undertake some end-of-year tax planning. If you have available funds, an obvious tax planning point would be to maximise your £20,000 ISA allowances for the…
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