Author: Ammu Accounting

New calculations issued alongside the Spring Budget show just how higher rate taxpaying status is becoming ever more common.

The abolition of multiple dwellings relief under stamp duty land tax in England and Northern Ireland will impact buyers of multiple properties.

From 6 April, employees now have the right to request flexible working from their first day at work. However, the right is still only to make a request and employers are under no obligation to approve it.

Changes to capital gains tax on UK residential property sales, including a 4% rate cut but lower annual exempt amount.

HMRC has recently published guidance to provide greater clarity about the tax deductibility of training costs for the self-employed.

Each year since 2019, the Pensions and Lifetime Savings Association (PLSA) has set about answering the question of how much retirement costs for couples and single retirees.

Here is a quick overview for you to view personal taxation for 2024-5 compared with 2023-4. Main personal allowances and reliefs 2024/25 2023/24 Personal allowance* £12,570 £12,570 Marriage/civil partners’ transferable allowance £1,260 £1,260 Married couple’s/civil partners’ allowance at 10%† – […]

The early trailers in January 2024 for what is probably Chancellor Jeremy’s Hunt’s last ‘fiscal event’ featured Prime Minister Rishi Sunak promising “more to come” on tax cuts.

Here is a simple overview of the 2024-25 NI contributions. Class 1 Employee – Primary Employer – Secondary NICs rate 8% 13.8% No NICs for employees generally on the first £242 pw £175 pw No NICs for younger employees* on […]

HMRC digital services HMRC’s digital services are to be improved and simplified to support income tax self-assessment taxpayers seeking to pay tax in instalments. These changes will be implemented from September 2025. Class 2 NIC abolition The government will consult […]