Self assessment threshold bumped to £150,000

Did you know that taxpayers whose only income is taxed under PAYE, and who earn between £100,000 and £150,000, will be removed from self-assessment from tax year 2023/24 onwards, which could result in those affected paying more tax? HMRC reported in May’s Agent Update that the self-assessment threshold for taxpayers taxed through PAYE will be rising […]

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HMRC to close self assessment helpline for three months

HMRC has given the taxpayers only four days’ notice of their intention to trial a ‘seasonal model’ for the Self-Assessment  helpline. Phone queries will be redirected to digital services – such as online guidance, digital assistant and webchat from 12 June until 4 September.  The sudden closure decision was taken with no prior consultation and

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The Canterbury Tales

BY GEOFFREY CHAUCER Here bygynneth the Book of the tales of Caunterbury by Geoffrey Chaucer Whan that Aprille with his shoures soote, The droghte of March hath perced to the roote, And bathed every veyne in swich licóur Of which vertú engendred is the flour; Accountancy & Business Improvement Ltd are delighted to be sponsoring the

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