Tax break! Super Deduction
Capital Allowances – Are you enjoying the super deduction tax break? Make sure you enquire today as this tax relief is only available to claim for accounts ending at 31st March 2023, giving you only another 4 months to claim. See more about this tax in the following link:- Super-deduction – GOV.UK (www.gov.uk)
National Insurance
Are you aware that HMRC are stopping the facility for you to top up your National Insurance contributions to entitle you to your full pension at retirement? See link below for more details: Taxpayers given more time for voluntary National Insurance contributions – GOV.UK (www.gov.uk)
VAT Changes
HMRC have now changed VAT penalties so that not only are you charged for late payment of VAT but you are now charged for the late submission, please see the following link for full details:- VAT penalties and interest – GOV.UK (www.gov.uk)
Stature Accountants Ltd 