Latest Tax Tips and News - March 2024

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30/03/2026

Latest Tax Tips and News - March 2024

Welcome to the Capitax Financial Latest Tax Tips and News - March 2024, bringing you the latest news to keep you one step ahead of the taxman. We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year. Please contact us for advice on your own specific circumstances. We’re here to help!

Government is urged to scrap 'arbitrary' inheritance tax system

The Institute of Economic Affairs (IEA) is urging the UK government to abolish inheritance tax (IHT), calling it 'arbitrary, complex and distortionary. Read More...

Gulf expats worried about tax bill after UK return

British citizens living in Gulf states have been returning to the UK because of the conflict involving Donald Trump's war with Iran. Read More...

Chancellor concedes there was a valid argument for not increasing job taxes

The Chancellor, Rachel Reeves, admitted there was a 'valid argument' against her decision to raise employers' National Insurance contributions. Read More...

HMRC tax receipts and National Insurance contributions report

HMRC regularly releases a bulletin to update on the amount of tax and NI receipts it receives. Read More...

April Questions and Answers

I've received a letter from HMRC stating I have a drop in my tax-free allowance, so my tax code will change from April. My salary has not increased this past tax year, so why the change? Read More...

April Key Dates

1st: Corporation Tax payments are due for companies with a year-end of 30th June. Read More...

About Us

Capitax Financial is an independent and forward-thinking firm of Chartered Accountants, Tax Consultants and Business Advisors based in North West London (Stanmore, Harrow). We provide a full range of accounting, tax and business services to a wide range of UK and International clients, whether they are private individuals, entrepreneurs, investors, families, partnerships or corporate clients. Visit our website capitaxfinancial.com for more information.

Best wishes,

Samir Shah BFP FCA (samir@capitaxfinancial.com)

Director

Capitax Financial Ltd Devonshire House 582 Honeypot Lane Stanmore Middlesex HA7 1JS

Capitax Financial is a trading name of Capitax Financial Ltd