From 6 April 2023, any paper P11D or P11D (b) forms provided by employers or agents would only be accepted if submitted online.
The UK government is set to introduce tax relief for its petrol and oil industries, allowing them to be no longer subject to a 35% windfall fee on earnings if they fall below a predetermined level.
On 15 March 2023, the Chancellor of the Exchequer created the Budget which aims to avoid recession.
Once HMRC determined that Tax Credits Ltd (TCL) had engaged in major anti-money laundering violations, TCL could no longer operate as a repayment agent.
The NLW will now be charged at a rate of £10.42, an increase of 92p from the previous amount.
Despite “significant spending” to aid with energy costs and EU payments, the UK government unexpectedly had a surplus in its budget in January.
Stafford Borough Council suggested amendments to LCTR programme, which would result in some families not having to pay council tax for the 2023–24 fiscal year.
The ATED regulations aim to deter firms from owning “expensive houses” that are utilised as homes by the company’s owner(s).
Electric car salary sacrifice is a strategy to reduce the cost of operating an electric vehicle by forgoing a portion of an employee’s gross salary.
As part of a £600 million support package to assist Britain’s two largest steelmakers in investing in greener technologies, the UK will propose a carbon border tax to levy imported steel.
The government announced proposed legislation on UK’s Research and Development (R&D) tax incentives to take effect on 1 April 2023.
John Swinney said that Scotland’s income tax higher rate would increase from 41p to 42p, and its top rate will climb from 46p to 47p as of next April.
UK grocers and supermarkets will receive a tax break worth about £550 million over the next three years.
Significant progress in bilateral trade between the UK and Brazil occurred on November 29, 2022, when they signed a Double Taxation Agreement (DTA).
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Fahad is a Chartered Certified Accountant (ACCA), with a motto “When “why” is clear, “how” is easier”. He is proficient in numeracy and impassioned with giving concise advice to a wide range of clients.
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Dividends are distributed to directors or shareholders after a company settles business expenses and tax liabilities (corporation tax & VAT).
Dividends are distributed to directors or shareholders after a company settles business expenses and tax liabilities (corporation tax & VAT).
Dividends are distributed to directors or shareholders after a company settles business expenses and tax liabilities (corporation tax & VAT).
Dividends are distributed to directors or shareholders after a company settles business expenses and tax liabilities (corporation tax & VAT).
Dividends are distributed to directors or shareholders after a company settles business expenses and tax liabilities (corporation tax & VAT).
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The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
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