Financial Update

Pearson May financial round up

November 30, 2023
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC removes self-assessment for PAYE high earners Those with PAYE income over £150,000 exempt from 2024/25. Click here or more information Manufacturing output declines CBI survey identifies a widespread downturn. Find out more here

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Pearson May financial round up

November 23, 2023
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Tax advisers call for Making Tax Digital rethink Current approach could conflict with tax simplification aims. Click here or more information. Many pension holders unaware of what happens to funds after death Less than half know their pension goes...

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Pearson May financial update

November 16, 2023
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Pearson May financial update

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC encourages couples to explore marriage allowance Online calculator instantly reveals annual income tax bill reduction. Click here or more information. Lack of awareness hinders sustainable investment UK public uncomfortable with investments negatively affecting climate. Find out more here

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Pearson May Financial Update: Tips for retirement planning

November 9, 2023
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Pearson May Financial Update: Tips for retirement planning

For many savers, retirement can seem like a far-off or even unattainable goal. But to maximise your chances of retiring comfortably, early planning is essential, writes Pearson May partner Matthew Rutter. As the cost-of-living crisis puts pressure on day-to-day finances, it’s a difficult time to think about saving for the future. But these challenges...

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Pearson May financial round up

November 2, 2023
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Report suggests ways to improve pension engagement Only 20% of the population confident in retirement savings. Click here for more information. British Retail Consortium calls on Chancellor to ease inflation Shop price inflation at lowest level since August 2022....

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Pearson May financial update

October 26, 2023
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Pearson May financial update

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Self-assessment scams threaten 12m customers HMRC is warning people to be cautious. Click here for more information. Total tax receipts surge by £23.1bn Government revenue hits £392.5bn between April and September. Find out more here

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Pearson May financial update

October 19, 2023
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Pearson May financial update

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. 12m self-assessment customers at risk of scams HMRC warns customers to be cautious. Click here for more information. Mileage rates leave workers out of pocket, warns ATT HMRC rates will reimburse employees for business travel. Find out...

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Pearson May financial update

October 12, 2023
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Pearson May financial update

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. 250,000 file self-assessment in first week Figures mark a 100,000 increase in early filing since 2018. Click here for more information. Treasury task force details carbon company cuts New net zero measures are designed to follow ISSB standards. Find...

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Pearson May Financial Update: Do you need to tell the taxman about any undeclared income

October 12, 2023
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Pearson May Financial Update: Do you need to tell the taxman about any undeclared income

If you are in receipt of income from any source, which you have not previously told HM Revenue & Customs (HMRC) about, then it is important that you tell them before they get to you, writes Pearson May partner Jacqui Bowden.  If you don’t make a voluntary disclosure now and HMRC writeS to you first,...

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Pearson May financial round up

October 5, 2023
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC helpline waiting times set to increase ICAEW says decision represents a ‘new low’ for HMRC. Click here for more information. BoE to test general insurers in 2025 Stress testing has been common since the 2008 financial crisis....

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