Protax Accountants

09/04/2024

19/08/2023

UK Inflation Rate is at 6.80%, compared to 7.90% last month and 10.10% last year. This is higher than the long term average of 2.80%

05/08/2023

National Institute for Economic and Social Research (NIESR) has forecast inflation to be more persistent. In its March 2023 Economic Outlook, it predicts that inflation in 2024 will still be well above target (around 4-5%) only falling back to 2% in 2025.

03/08/2023

5.25%
The new Bank of England base rate
The latest Bank of England base rate is: 5.25%. This is an increase of 0.25%, and was announced by the Bank of England (BoE) on 3 August 2023

12/07/2023

The current late payment and repayment interest rates applied to the main taxes and duties that HMRC currently charges and pays interest on are: late payment interest rate — 7.50% from 11 July 2023. repayment interest rate — 4.00% from 11 July 2023

28/05/2023

INHERTANCE TAX MADE A RECORD £7.1 BILLION (APP) IN THE TAX YEAR 2021-2022. NEED A PLAINING FOR IHT FOR WEALTHY FAMILIES

19/05/2023

Please consult for your all accountancy needs at reasonable fees.

25/04/2023

NLW will be £10.42 in April 2023 and is projected in April 2024 to be in a range from £10.90 to £11.43.

24/01/2023

Self assessment 2021/2022 last date of submission is 31 January 2023