Pay Less Tax Newsletter – Autumn 2024 Edition
Discover the latest tax-saving strategies and updates for Autumn 2024, including small business financing, director loan rules, and foster carer relief.
DetailsDiscover the latest tax-saving strategies and updates for Autumn 2024, including small business financing, director loan rules, and foster carer relief.
DetailsKey updates on vehicle taxation for 2024, including Clean Air Zone Charges, VAT Margin Scheme benefits, and changes to double cab pickups. Download our comprehensive guide today!
DetailsChancellor Rachel Reeves presented her first budget to parliament. This was a budget intended to restore stability to our economy and to begin a decade of national renewal. Investment will be funded by revised debt rules to facilitate additional borrowing and a hefty £40 billion of tax rises.
DetailsThe Sibbalds team enjoyed a fun-filled and action-packed away day at Bear Grylls Adventure in Birmingham, celebrating their achievements for the 2024 financial year with team challenges, activities, and a reflection on the past year’s successes. The day ended with a team dinner, lively discussions, and plans for the future.
DetailsStay informed with key tax deadlines, employee perks, VAT tips, and health benefit updates from Sibbalds.
DetailsLearn effective strategies to manage the high-income child benefit charge, incorporate property portfolios, and handle VAT implications post-deregistration. Gain clarity on the tax implications of owning tangible assets, whether they’re under or over 50 years old.
DetailsPotential tax savings opportunities for CGT, Income Tax and Inheritance Tax may arise from taking certain actions before the end of the tax year on 6th April 2024. Additionally, car allowance payments may qualify for NI relief where business mileage is undertaken, and settlements under IR35 enquiries may be subject to refunds or offsets, following recent court rulings against HMRC.
DetailsWe’re delighted to welcome Claire Walton who joins our team as an Accountant.
DetailsOver the past few years it is fair to say that people and businesses disposing of assets pregnant with gain have found their capital gains tax (CGT)/corporation tax (CT) liabilities grow exponentially as a result of the reduction in the CGT tax annual exemption, the corporate indexation allowance restriction, heightened residential CGT rates and corporate tax rates as well as business asset disposal relief only on the first £1 million of business asset gains over the course of an eligible taxpayer’s lifetime.
DetailsIn this Autumn edition of the PayLessTax newsletter, we look at the potential loss of state pension entitlement, gift holdover relief, deadline to claim backdated bereavement allowances and a 50% tax free bonus account for low earners.
DetailsA look at the latest issues and developments relating to tax legislation in the UK
DetailsWe’re delighted to welcome Declan Clare who joins our team as a Trainee Chartered Accountant.
DetailsIn this newsletter we look at the deadlines & penalties for late filing of returns, 150% Land Remediation Relief, the need for clear policies on tips and service charges and issues around the christmas party!
DetailsIn this special edition of the PayLessTax newsletter we look at different ways we can improve the position for charities whilst mitigating the impact upon our pockets as well.
DetailsThe team got together for an afternoon of Go-Karting at Motorsport, Nottingham. It seemed that a few individuals showed their competitive streak and were spotted bumping into each other or spinning out in the battle to overtake and attempt to reach the 40mph max speed of the kart.
DetailsIn this newsletter we look at how to alleviate childcare costs; upcoming changes for property landlords, dangers of misinterpreting redundancy payments and saving time with cash flow
DetailsThe Chancellor of the Exchequer, Rishi Sunak, delivered his Spring Statement on Wednesday 23 March 2022. In this early edition of our April tax newsletter we outline the key measures affecting our clients.
DetailsIn this Winter edition of the PayLessTax newsletter we look at Electric Vehicle Grants, the importance of a regular pension tax review, pre April 6th considerations and issues for directors in insolvency
DetailsWe’re delighted to welcome Declan Clare who joins our team as a Trainee Chartered Accountant.
DetailsIn this Autumn edition of the PayLessTax newsletter, we look at the various ramifications behind child benefit, the possibilities conjured up by Freeports, the opportunities surrounding holiday lets and the new payment penalty regime which is coming into play from April 2022.
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