Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Millions must boost pensions to avert retirement crisis Number of pensioners renting could double by 2041. Click here to find out more Government borrowing higher than forecast Borrowing for the year £6.6 billion higher than expected. ...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Interest rate for director’s loans frozen at 2.25% The rate is held for the second year running. Click here to find out more 650,000 HMRC calls abandoned in February Waiting times are still above the annual average. For more...
HM Revenue & Customs (HMRC) is continuing to send so-called ‘nudge letters’ to those individuals whom it believes are invested, or have been invested, in any cryptoassets, writes Pearson May partner Jacqui Bowden. If you think this may apply to you then it is important that you tell HMRC before it gets to you...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. What are the April tax changes? NICs, CGT, pensions and family benefits affected. Click here to find out more HMRC releases profit calculator for tax year The calculator excludes partnerships. For more details, click here
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC introduces digital authentication system Digital doorway introduced for new individual taxpayers. Click here to find out more Stealth tax freeze threatens income of pensioners 1.6m additional retirees dragged into Income Tax levy. For more details, click here
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC reverses helpline changes Criticism prompts a U-turn in under 24 hours. Click here to find out more Record 6.7m people in financial difficulty Requests for debt help are increasing. For more details, click here
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Fraud under spotlight at Companies House Phased roll out of new powers to tackle problem. Click here to find out more Stealth tax and savings shake up salary bands ‘Fiscal drag’ raises tax burden for many. For more details, click here...
Chancellor Jeremy Hunt delivered his ‘Budget for long-term growth’ last week, in which he promised ‘more investment, more jobs, better public services and lower taxes’. Here Pearson May partner Jacqui Bowden sets out some of the major announcements. National Insurance rates cut again Following the Autumn Statement last year, the main rate of Class...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Spring Budget 2024: Personal news NICs slashed and non-dom tax regime abolished. Click here to find out more Spring Budget 2024: Expectations National Insurance set to be cut by a further 2% For more details, click here Spring Budget 2024:...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Service standards at HMRC continue to decline Public Accounts Committee (PAC) calls for significant improvements to service levels. Click here to find out more UK banks close over 140,000 SME accounts New figures indicate a concerning trend in the...
