Accountants of Worcester

04/02/2025

Over a million missed the tax return deadline | AccountingWEB

HMRC has released the latest figures [1] revealing how many tardy taxpayers failed to meet the 31 January deadline for self assessment.

05/04/2024

https://www.moneymarketing.co.uk/news/child-benefit-threshold-to-increase-to-60000/

Annoyingly, the £60k and £80k thresholds are applied to individuals. So a couple each on £60k pa will receive full child benefit. However, a single parent on £80k pa will lose all child benefit. HMRC and the Government are aware of this and are working towards resolving this silly rule...

The threshold at which parents are charged for receiving child benefit is to rise from £50,000 to £60,000, chancellor Jeremy Hunt announced in the Budget today (6 March). The top of the taper at which the benefit is withdrawn altogether will also rise to £80,000. These thresholds had not previous...

06/03/2024

996 signatures are needed, let’s get there by the end of the day?

22/12/2023

Wishing all my clients a merry christmas. The office is now shut until Wedns 27th of December 2023...

19/12/2022

As per usual, HMRC have had to put on hold making tax digital for Self Assessment. Was to start April 24 with those with a turnover above £10k. Now it April 26 with turnover over £50k and a year after, those over £30k