If you’re married or in a civil partnership, you could be one of the 2.1 million couples currently benefiting from Marriage Allowance. Understanding Marriage Allowance It is a tax benefit that is available to married couples and civil partners in the UK. The allowance allows for a portion of one partner's unused personal allowance to […]
Monthly Archives: February 2023
Running your own business can incur a number of costs, not least renting premises. But if you are a sole trader you may prefer to work from home. It’s convenient, there’s no commute and you’re on hand if extra childcare is needed. Plus, there is the bonus of saving costs. But did you know there […]
Businesses are being urged to take advantage of the 130 per cent super-deduction tax relief before its March deadline. Introduced during the pandemic, super-deduction was designed to help organisations continue to invest through the difficult times. But from March 31, the support will draw to a close. What is super-deduction? Super-deduction is a tax incentive […]
Struggling households are receiving payments into their bank accounts to help them with the ongoing cost-of-living crisis. More than eight million families on means-tested benefits will automatically receive £301 with a further 6.5 million on disability payments due to receive £150 in the summer. Work and Pensions Secretary, Mel Stride said: “These direct payments will […]
The pound in your pocket could become digital as the Bank of England starts a consultation on the future of currency. Together with the Treasury, the Bank has launched research into what a central bank digital currency (CBDC) would look like and will be looking for views from the public. Chancellor of the Exchequer Jeremy […]
Looking for childcare for the February half-term? Don’t forget you can save up to £2,000 a year with Government support. Families are being reminded that opening a Tax-Free Childcare account can help their bank balance if they have children aged 11 or under – or 16 if their child has a disability – if they […]
A noodle shop in Hertfordshire is the 100,000th recipient of support from the Government’s Start Up Loans programme. More than £940m has been handed out to small businesses since the programme was launched in 2012. Business Minister Kevin Hollinrake said: “We know how important small businesses are to our communities, creating jobs, growth and opportunities, […]
Have you checked the details held on your property ahead of a UK-wide re-evaluation of non-domestic rates in just two months? If the answer is ‘no’, we would strongly advise that you put it on your to-do list. A new non-domestic rating list comes into effect on 1 April after the 2017 list closes. If […]