Category Archive Tax Blog

Income tax thresholds freeze – What it means for you

Millions of new taxpayers will be created by the extended freeze on the income tax thresholds.

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The Christmas gift allowance: how it works

December 1, 2022 Comments Off on The Christmas gift allowance: how it works By Joshua Leigh & Co

Are you planning on treating your staff or clients this Christmas? Christmas gifts can be subject to tax, so it is important to understand these tax rules this festive season.

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How to keep workplace gifts tax-free this Christmas

The season of goodwill is just around the corner as Christmas approaches.

It is a time of year when employers look to reward their staff for their efforts throughout the year.

But they should be aware that certain tax, National Insurance and reporting obligations could apply.

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HMRC raises interest rates on late payments from 22 November

HM Revenue & Customs (HMRC) will raise the interest rates on tax debt from 22 November following the 0.75 per cent increase in the Bank of England base rate.

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Have you filed your online Self-Assessment form?

October 28, 2022 Comments Off on Have you filed your online Self-Assessment form? By Joshua Leigh & Co

The clock is ticking for taxpayers, as the countdown to submit online Self-Assessment tax returns has begun.

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