by Jupps | Jan 28, 2025
After the budget announcements in October, a lot of people are worrying about the increase to employers’ national insurance from 13.8% to 15%, along with the decrease in the threshold that you begin paying it from £9,100 to £5,000. Whilst the concurrent increase in...
by Jupps | Jan 21, 2025
As the self-assessment deadline looms, if you haven’t yet done your tax return, or are looking to file 2024/25 early in April, don’t forget the potential tax reliefs available! 🎁 Gift Aid: If you are a higher or additional rate taxpayer, you can potentially claim...
by Jupps | Jan 14, 2025
For those who have already filed your self-assessment tax returns, and those who have yet to, please be reminded that 31st January 2025 is also the payment deadline for your 2023/24 tax bill and the first payment on account for 2024/25 (if applicable). If you do not...
by Jupps | Jan 7, 2025
In April 2023, the threshold for high earners required to do a self-assessment tax return, even if the income was taxed through PAYE only, was increased from £100,000 to £150,000. From 6 April 2024, this threshold was removed altogether. This is a long-awaited...
