by Chris Barlow | Aug 11, 2023 | Latest
If you are usually required to submit a Self Assessment tax return, then we may have some exciting news for you… HMRC has announced that from this tax year (2023/24) onwards, the Self Assessment threshold for PAYE taxpayers will increase, reducing the administrative...
by Chris Barlow | Jan 11, 2023 | Latest, Tax
From the 1st of February 2023, HMRC will stop sending receipt letters for VAT option to tax (OTT) notifications. They will, however, still send an automated email reply to OTT notifications sent via email. We recommend that you bear this in mind, and use email when...
by Chris Barlow | Jan 9, 2023 | Latest, Tax
In December, the Government pushed back their plans for Making Tax Digital for Income Tax Self Assessment – here’s what you need to know. It’s becoming increasingly difficult to ignore the fact that we’re living in a digital world. Whether you use Apple...
by Chris Barlow | Dec 12, 2022 | Latest, Tax
As we welcome in the New Year, HMRC will be welcoming a new penalty system for the late filing of VAT returns, amongst other changes… On the 1st January 2023 there will be a new points-based penalty system implemented for the late filing of VAT returns, and new...
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...
