Taxation

Information about taxation matters

Autumn Statement 2023

Dated: 24th November 2023

By Helen Tomlinson

On 22 November 2023, Chancellor Jeremy Hunt presented his Autumn Statement to Parliament and started making, in his words, the long-term decisions necessary to strengthen the economy and build a brighter future. Fueled by falling inflation and stabilised public finances, focus is now being applied to reducing debt, cutting tax and rewarding hard work.

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The Autumn Statement

Dated: 19th September 2023

By Helen Tomlinson

The forecasts, called the Economic and fiscal outlook (EFO) are published twice yearly, at Budget and at Autumn Statement. They look at the future performance of the UK economy. During his Autumn Statement the Chancellor updates MPs on the government’s taxation and spending plans.

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Super Deduction

Dated: 20th September 2022

Businesses will now benefit from a new capital allowance ‘super-deduction’ and first year allowance.
The hope is that these will provide companies with a stronger incentive to make qualifying investments and bring forward planned investments for future years.

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Scammers Pretending To Be HMRC

Dated: 27th June 2022

Did you know that scammers are now using number spoofing to make your phone display ‘HMRC’ as the sender, instead of a phone number?
Phishing emails are now looking much more official by using the name of a genuine HMRC employee.

Also posted in Financing, News Tagged Accountants in Bedford, criminals, fraudsters, HMRC, HMRC scams, malware, phishing, rebate, refund, scam, scammers |

Can Tax Be Taxing?

Dated: 17th January 2022

Written by Tomas Martin

Are you au fait with income tax?
Do you know what is included within your personal allowance?
Click to find out more.

Also posted in Income Tax Tagged accountancy, accountancy in Bedford, accountancy services, income tax, marriage allowance, personal allowance, tax, tax in bedford, tax relief |

Time to Switch?

Dated: 26th October 2021

Written by Helen Tomlinson

More and more people are purchasing electric vehicles in the UK.
At the end of April 2021, there were more than 245,000 pure electric cars and 515,000 plug-in and hybrid models registered in the UK.

Also posted in News Tagged accountancy, accountancy in Bedford, charging points, CO2 emissions, electric, electric car, government grants, government incentives, tax, tax advisors in Bedford |

£500 Every 3 Months Tax Free Childcare

Dated: 29th June 2021

Written by Helen Tomlinson

You could get up to £500 every 3 months for each child.
HMRC is now reminding working families they can use Tax-Free Childcare to help pay for childcare over the summer.