Latest Tax Tips and News - March 2024

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01/05/2024

May Tax Tips & News

Welcome to the Capitax Financial Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re 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!

Treasury collects £10bn extra in Business taxes

It has been revealed that companies across the UK have paid £95.2 billion in Business taxes in the financial year just finished (23/24) - a rise of £10.3 billion compared to the year before. Read More...

Tax penalty fears for pensioners as millions ‘dragged into net’

Baroness Ros Altmann, a leading campaigner on pensions, has highlighted her fears after figures showing that the number of pensioners liable for tax have doubled in the last 14 years. Read More...

New employment rights kick in

Business owners need to be aware of a batch of new laws that have just taken effect covering employees' rights. Read More...

HMRC helpline axe saga rumbles on as closure looms again

The saga over whether HMRC will axe its tax helpline continues to rumble on, with the latest comments suggesting it may still close after all. Read More...

May Questions and Answers

Q: I've started a new job quite recently with a hybrid working arrangement. I work from home 3 or 4 days per week, Read More...

May Key Dates

5th Companies House fees are increasing due to the recent introduction of the ECCTA. 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