Umbrella company news and developments
Since the umbrella company consultation closed in August 2023, we have written several articles for ContractorUK on the topic, which we summarise here.
Since the umbrella company consultation closed in August 2023, we have written several articles for ContractorUK on the topic, which we summarise here.
We are delighted to have been shortlisted in the ‘outstanding contribution to taxation in 2023/24 by a not-for-profit organisation’ category at the prestigious annual Tolley’s Taxation Awards. This is especially fitting as LITRG celebrated its 25th anniversary in 2023.
If you miss the self assessment tax return deadline, HMRC will automatically send you a 'late filing penalty’ notice. Penalties start to increase the longer the tax return is outstanding. If you didn’t get your 2022/23 tax return submitted by 31 January 2024 and still have not sent it in, you ...
Many graduates make student loan repayments through the Pay As You Earn (PAYE) system, if they are employed and earn over their relevant loan plan threshold. Usually, the loan repayment thresholds change at the beginning of each tax year. Check your April payslip to make sure your repayment is ...
HMRC’s revamped app provides a convenient and user-friendly way to access your details and help you manage your taxes. In this article, we explore the app and list some of the useful things that you can do in it - including several that may offer you important information about your finances and ...
From 6 April 2024, there are six rates and bands of Scottish income tax that apply to the non-savings and non-dividend income of Scottish taxpayers. We set out what this means for Scottish taxpayers.