Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Late payment culture threatening SMEs Survey suggests MPs support mandatory prompt payment code. Click here for more information Water firms must pay back £114m to customers Ofwat review highlights poor performance. Find out more here
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Time to register for self-assessment, says HMRC Two weeks to go until the 5 October deadline. Find out more here Corporate insolvencies reach four-year high Long-term economic issues impact UK businesses. Click here for more information
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC recognises that R&D system needs improvements But the Chartered Institute of Taxation remains concerned about HMRC’s ‘volume approach’ to claims. Find out more here 13% of UK adults never plan on retiring, new survey suggests It also...
Do you need to complete a tax return for the year ended 5 April 2023? If you don’t normally complete a tax return but think that you may have tax to pay then remember, it is your responsibility to tell HM Revenue & Customs (HMRC), writes Pearson May partner Jacqui Bowden. Don’t wait for them...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. R&D tax relief ‘ignores’ small businesses Business group urges government to rethink reforms. Find out more here Chancellor announces date for Autumn Statement Hunt will deliver announcement on 22 November. Click here for more information
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC clarifies rules on basis period tax reporting Basis period reform introduced in April 2023. Click here for more information Record amount of tax relief paid out to creative industry TV relief overtakes film tax relief. Find out more here...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Govt. to reform personal insolvency framework Policy will align framework with ‘the needs of 21st century stakeholders’. Click here for more information One million more pulled into tax on savings Over 2.7m will pay tax on cash interest in...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Accounting groups express concern about tax digitalisation plan Making Tax Digital is delayed until 2026. Click here for more information R&D claims to come under greater scrutiny Additional information on R&D projects now required. Find out more here
In last year’s Autumn Statement, the Chancellor confirmed that the Inheritance Tax (IHT) thresholds would be frozen until at least 5 April 2028. The current Nil Rate Band (NRB) therefore remains at £325,000 for the foreseeable future, with the Residence Nil Rate Band (RNRB) offering up to an additional £175,000 relief from IHT, writes Pearson...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Chartered Institute of Taxation: Taxpayers using pilots must not be disadvantaged Tax institute flags concerns following HMRC consultation. Click here for more information MPs call for multi-billion pound tax break transparency Tax system labelled as overly complicated. Find out...
