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Autumn Statement 2023 – What It Means To You

Autumn Statement 2023 – What It Means To You

The Chancellor has revealed his latest plans for the nation’s finances – including cutting National Insurance Contributions rates, continuing business rates relief and confirming the increase in the National Minimum Wage.   According to the government, the...
Budget Update

Budget Update

Hello,   Although the relatively mild weather we had so far in November, it seems Freezing is top of the government agenda!   It’s fair to say that we were expecting a lot of what was in Chancellor Jeremy Hunt’s first Autumn Statement (the fourth Chancellor...
Help to buy ISA

Help to buy ISA

What is the help to buy ISA? The Help to Buy ISA is a tax-free way to save for a mortgage deposit on your first home. The government will add 25% (up to a maximum bonus of £3,000), as well as earning you interest. What you need to know: – You can save up to...
HMRC phishing scam

HMRC phishing scam

HMRC are strongly advising customers to lookout for a new phishing scam in the form of an email with the subject, “Your 2016 Tax Report”, with an attachment. Anyone who receives this email should not open it but instead forward it to [email protected] and then...
Employment income changes – termination payments

Employment income changes – termination payments

(Currently dropped due to general election – expected to be revisited) There are planned changes to termination payments from 6 April 2018. Current position If conditions are met, up to £30,000 can be paid tax free on the termination of your employment i.e. on...