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Tax Facts 2023/2024

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Profit withdrawal changes for 2023/24

Owner-managers have historically benefited by withdrawing profits by way of dividends, rather than taking director’s remuneration, due to the national

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Making Tax Digital delayed once more

With the self-employed and landlords facing a challenging economic environment, the government has again delayed the introduction of the Making

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17 October 2022: ‘The Growth Plan’ – a further update

At 6.00 am on Monday 17 October, the Treasury issued a press release announcing that the (new) Chancellor, Jeremy Hunt,

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14 October 2022: The Growth Plan – an Update

On 14 October, as an important deadline loomed for Bank of England support of the government bond markets to expire,

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Less Stress on CGT deadlines for separation and divorce

Couples in the process of separating may find themselves facing a costly capital gains tax (CGT) bill if they miss

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New Trust Registration Requirements by 1st September 2022

All express trusts (even if no tax liability) must register with the Trust Registration Services (TRS) by 1st September 2022. An express

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Working from home relief rule changes

The relaxation in the working from home relief rules has changed from April 2022.  You can still claim working from

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NICs boost for the self-employed

Prior to the March Spring Statement, most self-employed individuals were facing increased national insurance contribution (NIC) bills this year. However,

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