Accounting blogs

From 1st January 2023 the way HMRC issue VAT penalties changes. The biggest change is you will be fined for late filing a fixed fee of £200 whether you owe VAT or are due a rebate.

The superdection tax allowance on qualifying plant and machinery ends on 31st March next year.

The Autumn Budget summary and latest news from PMC Partnership, incorporating Pomfreys Accountants – 18th November 2022.

Remember if you are earning over £100,000 it is your responsibility to register with HMRC and complete a self assessment tax return. This is because your personal tax allowance reduces by £1 for every £2 you earn over £100,000 until your allowance is fully used, thus leaving you with a tax liability.

Former Chancellor’s Kwasi Kwarteng Mini budget on 23rd September has seen many of its outlines drastically reversed, which was followed by his dismissal.

The latest news from PMC Partnership incorporating Pomfreys Accountants – 7th October 2022.

Chancellor’s Mini budget 23rd September – the main points

The latest news from PMC Partnership incorporating Pomfreys Accountants – 16 September 2022.

The latest news from PMC Partnership incorporating Pomfreys Accountants – September 2022.