Tax Tips & News

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24/06/2024

June Tax Tips & News

Welcome to the Benson Wood Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

Spotlight falls on potential tax changes as General Election called
After much speculation about when The Prime Minister would call a General Election, Rishi Sunak surprised many with his announcement in recent days that it would take place on 4 July. Read More...
 
July tax credits deadline prompts payment warning
Nearly one million people need to be aware of a looming tax deadline, coming on 31 July. Read More...
 
New Scottish tax sparks petition to recall powers
If you’re a Scottish resident, you’re no doubt aware that from April a whole new band of tax has taken effect. Read More...
 
HMRC issues ‘tax refund companies’ alert
HMRC is warning against being hooked by self-professed ‘tax refund companies’ claiming they can help you reduce your tax bill. Read More...
 
June Questions and Answers
Q: As part of my professional role, I belong to a professional body, for which I pay membership fees each year. It’s becoming somewhat expensive to keep it going but it is nonetheless an important part of my job. Read More...
 
June Key Dates
1st - Multiple Dwellings Relief is to be abolished. 19th - For employers operating PAYE, this is the deadline to send an Employer Payment Summary (EPS) to claim any reduction on what you’ll owe HMRC. Read More...
 
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