3 simplifications to self assessments

3 simplifications to self assessments

Threshold bumped for 2023/24 The first announcement came in June 2023, when the Inland Revenue raised the threshold above which only those with income must claim Self Assessment (SA) from £100,000 to £150,000. This applies to the current tax year 2023/2 and all...
Get ready for the corporation tax rate increase in 2023

Get ready for the corporation tax rate increase in 2023

One major announcement from the March 2021 Budget was that from April 2023 there will be an increase in Corporation Tax. So what does this mean to you and your business? In this blog we explore what’s changing, and how you could be affected. Corporation Tax – what is...