Is your Company ready for the April 2023 tax changes?
From 1 April 2023, there will be a new financial year and as always this comes with a range of changes to the regime of tax applied to companies in the UK.
Norfolk Iceni u12s basketball team announces new sponsor
A team of young basketball players in Norfolk will be taking to the court with a new name on their kit this season – after signing up a new sponsor.
Dental alert –Annual reconciliation and Rates reimbursements
The annual reconciliation reporting period will open shortly on compass. You will need to let your accountant have copies of the associate schedules for the year April 2022 to March 2023, in order for them to calculate the net pensionable earnings declared on the report.
Your overseas assets, income and gains
Recently, some taxpayers have been receiving letters from HMRC suggesting they have received overseas income or gains that they ‘may’ need to pay UK tax on.
Let Property Campaign
HMRC run various regimes whereby they target certain types of income, whether this be via enquiry, or to encourage voluntary disclosure.
Inheritance Tax
As part of the Autumn Statement 2022, the government is freezing Inheritance Tax (IHT) thresholds for an extra 2 years, until April 2028. This means that you could risk losing up to 40% of your estate.
NHS Pension Retirement Flexibilities
In recent correspondence to members, the NHS Business Services Authority (BSA) has set out details of proposed changes to the NHS Pension Scheme, aimed at introducing additional flexibility for members at retirement
The Digital Pound – too soon or really needed?
The digital pound would be a new type of money issued by the Bank of England for everyone to use for day-to-day spending