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Unexpected payroll consequences of the leap year

by | May 10, 2024 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Extra day in February could trigger unexpected tax bills for weekly-paid workers with a 53-week pay cycle In the 2023/24 tax year, there are...

ACCA on HMRC performance

by | May 8, 2024 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA A round-up of current issues surrounding HMRC Service levels Following the Chancellor’s Spring Budget on 6 March, we surveyed ACCA members...

Budget 2024: VAT registration threshold increased

by | Mar 6, 2024 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Threshold to see a £5,000 increase from 1 April Secondary legislation will amend the VAT Act 1994 to increase the VAT registration and...