• Payments on Account – Deadline approaching

    31 July is one of the key payments dates for making your ‘payments on account‘. If you have been informed by HMRC that you have to make payments on account, with respect to the previous years’ tax bill, you may need to complete this by the 31 July deadline.

  • Changes to personal allowances (2017/18)

    As announced earlier last year, the Autumn Statement confirmed that the income tax thresholds would be increased as planned. For the 2017/18 tax year, the personal allowance will rise from £11,000 to £11,500. At the same time, the higher rate 40% income tax threshold will rise to £45,000. Additionally, the…