The marriage allowance applies to married couples and those in a civil partnership where a spouse or civil partner does not pay tax or does not pay tax above the basic rate threshold for Income Tax (i.e., one of the couples must currently earn less than the £12,570 personal allowance for 2024-25). The allowance works by permitting […]
Author Archives: Donald Parbrook
There is an online service available on HMRC to check your National Insurance Contributions (NIC) record online. The service is available at https://www.gov.uk/check-national-insurance-record In order to use this service, you will need to have a Government Gateway account. If you do not have an account, you can apply to set one up online. By signing […]
Our handy “Tax Facts” booklet for the coming tax year has been published and you can download it free by clicking the link below:- 2024 Spring Tax Facts As ever, if you have any questions please get in touch with your usual contact, or Donald Parbrook, head of the tax team otherwise. Thanks
Our 2024 Budget Summary is now available if you click here – 2024 Budget Booklet The Budget was delivered with some panache but with few tax surprises. Most of the news was leaked including plans to phase on preferential treatment for “non-doms” (those whose family ties stared outside the Uk, broadly) and the cut in […]
Dear All, Although heralded as a major tax cutting Budget, we feel that aside from a cut in National Insurance, there isn’t anything terribly profound in the Budget. However, the glossy summary has been whizzed through overnight and here it is!- click here AutumnStat 2023 Please contact your usual member of the team with any […]
Dear All Whilst many commentators (in tax) will reflect with some frustration that the corporation tax rates are rising from 19% to 25%, there are welcome changes to ensure 100% tax write down for capital expenditure, and relatively generous changes to the pension limits. Our glossy booklet can be found by clicking here:- 2023 Spring […]
The snowdrops are up and although it is snowing today in Paisley, we thought we should publish our Spring Newsletter…..click below! 2023 Spring Newsletter
As we reach another year end…(for tax boffins anyway), our glossy newsletter is here… . 202223 Year End Tax Review