Plan Your Actions Before the New Rates Come

Plan Your Actions Before the New Rates Come

The announcement of the 1.25% increase in NICs and tax on dividends has come more than six months before they take effect. This means that with careful planning there is time to reduce the impact of these new rates on your business. For example, employees could...
Big Tax Bills for the Self-Employed in 2022/23

Big Tax Bills for the Self-Employed in 2022/23

There are likely to be some big tax bills for the self-employed in 2022/2023. Last month we mentioned that draft legislation has been published to change the basis periods for the assessment of self-employed profits to coincide with the tax year. The proposed new...

Pin It on Pinterest