Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Treasury grants HMRC £51m to improve helplines The funds aim to improve the call response rate. Click here to find out more Staff rates fall while pay growth rises Work places drop but salaries increase over April. For more...
It is important at this time of year not to overlook the filing deadline for any forms ‘P11D’ that may be required to report certain benefits and expenses provided to employees in the tax year ended 5 April 2024, writes Pearson May partner Jacqui Bowden. Any forms required must be submitted to HM Revenue...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. MPs warn unfair banking is harming small firms Treasury Committee says confidence among SMEs has fallen. Click here to find out more Higher mortgage rates hit property rebound Potential homebuyers being deterred by high prices. For more details, click here
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC releases online tool to check NI shortfalls New service can verify gaps in NICs back to 2006. Click here to find out more Economy ‘at risk from nature degradation’ Environmental damage could cause 12% loss to UK’s GDP,...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Millions must boost pensions to avert retirement crisis Number of pensioners renting could double by 2041. Click here to find out more Government borrowing higher than forecast Borrowing for the year £6.6 billion higher than expected. ...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Interest rate for director’s loans frozen at 2.25% The rate is held for the second year running. Click here to find out more 650,000 HMRC calls abandoned in February Waiting times are still above the annual average. For more...
HM Revenue & Customs (HMRC) is continuing to send so-called ‘nudge letters’ to those individuals whom it believes are invested, or have been invested, in any cryptoassets, writes Pearson May partner Jacqui Bowden. If you think this may apply to you then it is important that you tell HMRC before it gets to you...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. What are the April tax changes? NICs, CGT, pensions and family benefits affected. Click here to find out more HMRC releases profit calculator for tax year The calculator excludes partnerships. For more details, click here
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC introduces digital authentication system Digital doorway introduced for new individual taxpayers. Click here to find out more Stealth tax freeze threatens income of pensioners 1.6m additional retirees dragged into Income Tax levy. For more details, click here
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC reverses helpline changes Criticism prompts a U-turn in under 24 hours. Click here to find out more Record 6.7m people in financial difficulty Requests for debt help are increasing. For more details, click here
