Cost Of Living - Helping Employees

 

Apart from increasing their salaries, what affordable initiatives can you take to help alleviate your employees' cost of living increases?

 

Continue reading

2022 Spring Statement - Spring Bunny or Alice's White Rabbit?

 

Today the Chancellor was forced to doing something about the increases in cost of living. Hence, the fuel duty cuts, employee and self employed threshold national insurance increases but not too much else.

If people are still not feeling spring-like, the promise of a 1% cut in the income tax rate from April 2024.

Dig in a bit further and you decide:

 

Continue reading

2022 Tax Year End Planning

April 2022 is the first in a series of important annual April tax changes:

  • April 2022 - increase in national insurance and dividend tax by 1.25%
  • April 2023 - increase in corporation tax from 19% to 19%/26.5%/25%
  • April 2024 - MTD for income tax for sole traders and landlords with sales/rents over £10k
  • April 2025 - MTD for partnerships and LLPs without a corporate partner

For now, we're focussing on the forthcoming April 2022 change and how you may want to react. Firstly, let's look at how much this might cost you:

 

Continue reading

Top 10 Client Queries During 2021

As we reflect back on 2021, here are our Top 10 client queries we've seen time and again during 2021. You may see certain Covid related themes emerging! 

 

Continue reading

Registered

On The Spot Tax Limited

Trading as On The Spot
Registered in England & Wales under company number 06566196
VAT number 937 5293 90