by Phil Page | 5 Jul 2024 | Business, HMRC, Tax
Labour have just won the general election with a landslide victory leading to a 170 seat majority at the time of this newsletter, we shall keep you in touch of the new Governments fiscal policies.
by Phil Page | 14 Jun 2024 | Business, HMRC, Tax
Please click on the following link to find your 2024/25 PMC Pomfrey tax card to inform you of all this years tax rates, which we hope you find useful.
by Phil Page | 12 Feb 2024 | Business, HMRC, Tax
If your 2023 tax is not paid by 1st March 2024 there is a 5% penalty based on the outstanding tax amount, if not paid by 1st August 2024 then another 5% penalty and if still unpaid by 1st Feb 2025 yet another 5%.
by Phil Page | 20 Jan 2022 | HMRC, Tax
The deadline for your self-assessment tax return is fast approaching. Here’s why you should get yours done now and how to submit it.
by Phil Page | 23 Jul 2021 | Business, HMRC, Tax
The best way to pay yourself is through your own Limited company. You go on your own payroll which reduces company tax and then top up your personal income each month with a dividend paid from profits. This dividend is free of National Insurance (NI) and taxed at a...
by Phil Page | 23 Apr 2021 | Business, HMRC, Tax
Due to Corona virus restrictions anyone forced to work from home can claim £6 per week tax relief from their earnings via their self assessment tax return.