Thousands of self-employed workers face higher tax bills
Posted by Jon Pryse-Jones on November 9, 2023Over half a million self-employed workers are facing higher tax bills – find out why, and what you can do about it if you’re affected.
THP Chartered Accountants appoints two new directors
Posted by Mark Boulter on November 8, 2023THP is proud to announce the appointment of two new directors to our board. Both Shahid Hameed and Miles Girdlestone have been promoted to Client Director with immediate effect.
Small companies to be required to file a profit and loss account
Posted by Shahid Hameed on November 2, 2023New legislation means that companies of all sizes will need to submit a profit and loss account to Companies House. What does it mean for you?
Late tax penalties: changes to late submission & payment schemes
Posted by Karen Jones on October 30, 2023HMRC is introducing new late tax penalties. They will cover late tax submissions and late payments – and the introduction dates have changed.
New ruling could result in thousands of Capital Gains Tax refunds
Posted by Jon Pryse-Jones on October 30, 2023A court ruling has revealed HMRC has wrongly charged CGT in certain situations. Thousands could be eligible for CGT refunds.
Section 21 reform postponed – but what happens next?
Posted by Jon Pryse-Jones on October 26, 2023Section 21 reform seems to have been kicked into the long grass after the latest reading of the Renters (Reform) Bill. So what’s happening?
HMRC to launch online National Insurance contributions tool
Posted by Jon Pryse-Jones on October 23, 2023Do you want to top up your pension with voluntary National Insurance contributions? If so, you’ll soon be able to do it online.
Side hustle tax rules to change – HMRC is watching
Posted by Jon Pryse-Jones on October 16, 2023New side hustle tax rules will see the taxman clamping down on people who don’t declare gig economy income. Here’s what you need to know.
7 days to get your business MTD compliant
Posted by Jon Pryse-Jones on October 13, 2023Research suggests it takes accountants 7 days to make a business MTD compliant. If you need help, please don’t leave it to the last minute!
Fractional shares ISA – could there be a sting in the tail?
Posted by Ben Locker on October 12, 2023If you have a fractional shares ISA, keep an eye out on the Autumn Statement. HMRC currently argues fractional shares are taxable.
