Read the latest issue of our Pay Less Tax Newsletter – Winter 2019
Read the latest issue of our Pay Less Tax Newsletter – Summer 2018 Edition
The 2017 Autumn Budget announced the delayed abolition of Class 2 NICs until April 2019.
It will be possible from 29th November 2017 for a claim for the Marriage Allowance to be made in respect of a deceased spouse or civil partner and for that claim to be backdated for up to four years.
The Chancellor Philip Hammond presented his first Autumn Budget on Wednesday 22 November 2017.
His report set out a number of actions the government will take including support for more housebuilding. His view is that the economy continues to grow and continues to create more jobs.The major attention-grabber was aimed at first time buyers who will not have to pay Stamp Duty Land Tax on homes costing up to £300,000.
Read the latest issue of our Pay Less Tax Newsletter – Autumn 2017 Edition
Read the latest issue of our Pay Less Tax Newsletter 2016 / 17 Winter Edition
‘Making Tax Digital’ (MTD) is a government initiative that sets out a vision for ‘a transformed tax system and the end of the tax return’ by 2020. Under the MTD scheme, HMRC is aiming to create a single ‘digital account’ for each taxpayer in order to unify their different taxes and make it easier for them to manage their tax affairs. Taxpayers will be able to log into their digital account in order to view all payments made and offset overpayments from one tax against underpayments in others.
With the end of the tax year looming there is still time to save tax for 2016/17. We have set out some points you may want to consider.