News – Page 4 – Ion Partners Accountant
January 24, 2024
New UK Government WhatsApp Channel: Stay Informed Instantly
In a significant move to enhance public communication, the UK Government has inaugurated its official channel on WhatsApp. This innovative platform enables citizens to effortlessly subscribe […]
January 21, 2024
National Insurance and tax after State Pension Age
If you have reached the State Pension age and continue to work, in most cases, you no longer need to pay National Insurance Contributions (NICs). At […]
January 10, 2024
How to Arrange a Payment Plan with HMRC for Self-Assessment Taxes
For individuals registered for self-assessment, the 31st of January is a crucial deadline. This date marks several important tax-related deadlines: Facing Payment Difficulties? If you’re unable […]
December 17, 2023
Help to pay your tax next month
If you are having trouble paying your tax on time you may be eligible to receive support from HMRC by applying for an instalment payment plan. […]
December 17, 2023
Tax Diary January/February 2024
1 January 2024 – Due date for Corporation Tax due for the year ended 31 March 2023. 19 January 2024 – PAYE and NIC deductions due […]
December 14, 2023
HMRC’s Time to Pay Arrangement: A Guide to Managing Your Tax Payments
Understanding HMRC’s Time to Pay Arrangement As the 31 January 2024 tax payment deadline approaches, it’s crucial to understand the options available if you’re receiving difficulties […]
November 27, 2023
Income Tax – £5,000 savings zero rate band
Understanding the £5,000 Savings Zero Rate Band for 2023-24 For the tax year 2023-24, if you earn less than £17,570, you’re entitled to a 0% tax […]
November 12, 2023
Reminder of not-so-trivial tax-free benefits
Reminder of not-so-trivial tax-free benefits A benefit-in-kind (BiK) trivial exemption applies to small non-cash benefits like a bottle of wine or a bouquet of flowers given […]
October 30, 2023
Reporting early payment of wages before Christmas
There is a permanent easement in place for employers to report PAYE information in real time over the Christmas period. This can be for a number […]