by EKWilliams Team | May 13, 2022 | Latest
HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 1%. The new rates are set to affect those who make late payments on NIC, Income Tax, CGT, Inheritance Tax and stamp duty. The Bank of England has increased their...
by EKWilliams Team | Apr 21, 2022 | Latest
In February 2022, Chancellor Rishi Sunak announced that the government would be giving people a £150 council tax rebate in April. The government introduced the rebate in response to the energy bill crisis, potentially putting many vulnerable homes into debt. This...
by EKWilliams Team | Apr 12, 2022 | Latest, Tax
Households in England in tax bands A-D should expect a £150 rebate. At the start of the year, the government announced a national council tax rebate that would help individuals pay for their energy bills during a time when the energy prices have risen due to inflation...
by EKWilliams Team | Apr 10, 2022 | Latest, Tax
Money-saving expert and journalist Martin Lewis has warned the British public that they should check their tax code is correct or risk losing a significant amount of money. Due to the rise of NIC, employers are seeing an increase in the amount of what they pay in...
by EKWilliams Team | Apr 6, 2022 | Latest, Tax
Back in 2021, Chancellor Sunak announced in his budget that income tax personal allowance and the higher rate threshold would remain frozen for four years – from 2022/23 until 2025/26. As previously announced, the Income-tax increased to £12,570 for 2021/22...
