News

July Deadlines For Your Business

Please see below deadlines for your business this month. 6th July 7th July 19th July 31st July If you need help with any of the above, including filing tax returns, please contact the team at James & Uzzell now to see how we can help.

HMRC Extending Voluntary National Insurance Contribution

HM Revenue & Customs has extended the deadline for topping up your National Insurance contributions to 5 April 2025, to help increase the amount people receive when they retire. National Insurance Extension The deadline has been extended to give taxpayers more time to fill gaps in their National Insurance record between 2006 and 2016, helping […]

R&D Tax Credit Options For Loss-Making Companies

Research and Development (R&D) allows your business to launch new offerings or improve existing ones, with a goal to remain competitive, make profit and keep up with shifting customer needs and demands. What’s more, you can receive tax credit on the R&D that you execute – even if you are a loss-making company. R&D Tax […]

June Deadlines For Your Business

Please see below deadlines for your business this month. 7th June 19th June 30th June If you need help with any of the above, including filing tax returns, please contact the team at James & Uzzell now to see how we can help.

A Guide to Capital Gains Tax for Trusts

A trust is an arrangement where an asset is transferred by a person (the settlor) to one or more people (the trustees) to hold for other people (the beneficiaries).  For most kinds of trusts, it is the trust itself that is taxable on any income or capital gains that arise. Below we look at capital […]

May Deadlines For Your Business

Please see below deadlines for your business this month. 7th May 19th May 31st May If you need help with any of the above, including filing tax returns, please contact the team at James & Uzzell now to see how we can help.

Student Loan Repayment Thresholds Changes

From 6th April 2023, there are new earnings thresholds for student loan repayments. New Thresholds How much an employee has to repay depends on their income. They will repay a percentage of income over the ‘threshold’ for their type of loan. The new thresholds are as follows: If an employee has more than one job, […]

Advisory Fuel Rates (AFRS) Changes

From 1st March 2023, HMRC announced a fall in advisory fuel rates (AFR). Clients can use the old rates up until 31st March 2023. New Advisory Fuel Rates Use the AFR to reimburse employees who use a company car/van for business travel, or to acquire fuel repayments from employees who use the company car/van for […]

April Deadlines For Your Business

Please see below deadlines for your business this month. 5th April 7th April 19th April 30th April Deadlines  If you need help with any of the above, including filing tax returns, please contact the team at James & Uzzell now to see how we can help.

Tax Tables 2023-2024

We’ve created an easy-to-read tax table that outlines the tax thresholds for 2023/24, following the Spring Budget on 15th March 2023. Tax Tables for the 2023/24 tax year here. While the majority of the 2023/24 tax rates were released in Autumn 2022, some changes involved unwinding the announcements of Mr Hunt’s predecessor. Key Tax Changes […]