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Styles & Associates
- Feb 23, 2023
- 1 min
UK government in unexpected tax surplus for January
The UK unexpectedly recorded a budget surplus in January, in part due to an increase in self assessment Income Tax receipts. Markets had...
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Styles & Associates
- Jan 19, 2023
- 2 min
Self Assessment - Allowable Expenses
If you are self employed and receive any income though dividends, shares or savings you have to submit a self assessment tax return. Self...
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Styles & Associates
- Oct 13, 2022
- 1 min
HMRC raises late payment interest from 11 October 2022
Following the Monetary Policy Committee decision to increase the Bank of England base rate to 2.25%, HMRC announced increases to both...
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Styles & Associates
- Sep 1, 2022
- 2 min
HMRC releases details MTD for Income Tax
HMRC has published more details on how Making Tax Digital for Income Tax (MTD for IT) will work for buy-to-let landlords and sole traders...
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Styles & Associates
- Apr 12, 2022
- 1 min
Making Tax Digital April 22
From 1 April 2022 all VAT registered businesses must adhere to the Making Tax Digital rules, whatever they earn. Making Tax Digital is a...
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