By Tom Maxwell In Advice, Blog, Crypto, NewsPosted 19/04/2024 Be aware of tax obligations when investing in cryptoassets The Chartered Institute of Taxation (CIOT) and its Low Incomes Tax Reform Group (LITRG) have issued a press release today warning Cryptoasset investors to keep up-to-date records to ensure they [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 11/04/2024 Re-registration Required for High-Income Earners Receiving Child Benefit Taxpayers with eligible children need to opt back into child benefit within three months if they were affected by the old £50,000 high income child benefit charge. The cap was increased from [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Treasury UpdatesPosted 07/03/2024 Spring Budget 2024 The Chancellor of the Exchequer Jeremy Hunt delivered his Spring Budget yesterday, 7 March. Our team have put together a useful summary outlining everything you need to know and, more [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Treasury UpdatesPosted 06/03/2024 March 2024 Budget – Initial reaction As ever pre-budget speculation has been rife. With an election looming, the government want to be seen as lowering taxes and making life easier for working people. However, the announcement that [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 05/03/2024 Companies House initiates new powers to combat fraud Recently, UK banks were alerted about potentially fraudulent company filings. As a result, Companies house have introduced changes aim to improve the quality of data and prevent fraud within the [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 20/02/2024 Maximise Your Tax Efficiency: Year End Tax Planning Guide 2024 At Wright Vigar, we understand the importance of staying ahead of the curve when it comes to managing your tax obligations. That’s why we’ve curated a comprehensive Year End Tax [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 16/02/2024 HMRC prompts disclosure of CGT liability on sale of shares. Have you recently sold some shares and not reported it on your tax return? It happens, but HMRC wants to ensure everyone stays on track with their tax responsibilities. That’s why [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 31/01/2024 Pensioners Reclaiming Overpaid Tax – Are You Eligible? Did you know thousands of pensioners are getting back money they overpaid in taxes? Over the past few months, more than 12,000 pensioners managed to reclaim some cash from the taxman, totaling [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 30/01/2024 Change to accounts filing requirements We would like to make you aware of the new Economic Crime and Corporate Transparency Act, a recent legislative endeavour aimed at improving the information held on the UK companies register. The [...] 0 Read More
By DBS In Advice, BlogPosted 25/01/2024 What Tax Small Businesses Need To Pay Understanding the different taxes can be overwhelming for a small business owner, mainly because the taxes can vary depending on whether the business is a limited company, partnership, or [...] 0 Read More