by Jupps | Mar 27, 2025
We’ve heard a lot about paying taxes recently, but what do we get for it? 1. Health Services 🏥 About 40% of your taxes fund the NHS – covering hospitals, GP services, mental health care, medications, and more. 2. Education 🎓 Approximately 10-15% goes toward...
by Jupps | Mar 13, 2025
Back in 2001, HMRC introduced Government Gateways for people to be able to access tax systems and submit information. Since then, the requirements to have different logins for different services (currently around 191 different ways to set up accounts and 44 different...
by Jupps | Mar 4, 2025
Year-end tax planning is important for UK individuals to help manage tax liabilities and ensure financial efficiency. Some things you should consider are: âś… Utilise Your ISA Allowance: Maximise your Individual Savings Account (ISA) contributions. The annual ISA...
by Jupps | Feb 25, 2025
Year-end tax planning is essential for UK companies to optimise their tax liabilities and ensure financial efficiency. Here are some strategies to consider: Review Your Company’s Tax Position đź’Ľ: With the changes in corporation tax rates, it’s important to...
by Jupps | Feb 19, 2025
đź’·Dividends 1. Definition: Dividends are payments made by a company to its shareholders from its profits. 2. Eligibility: A company can only pay dividends if it has sufficient profits after tax. 3. Procedure: Hold a directors’ meeting to declare the dividend....
