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.