Brushing up on pension contributions

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Get your end-of-year planning in place Provided that a contribution to a registered pension scheme meets the test of ‘wholly and exclusively...

Personal allowance claims for non-residents

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Guidance around thresholds and eligibility to Personal Allowances for Non Residents rental income savings interest wages. If you’re eligible...

Is a fine tax deductible?

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Reviewing the circumstances where a fine can be tax deductible Advisers generally agree that when a penalty or fine serves the purpose of...

Bank dispute resolution service extends into 2024

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Business Banking Resolution Service will continue to operate The Business Banking Resolution Service (BBRS) has informed ACCA that it will...

Updates from Companies House

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Including answers to questions around the Economic Crime and Corporate Transparency Act Changes to UK company law The Economic Crime and...

Self-assessment: repair or capital?

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA A recap of what is allowable when preparing your taxes The profits of a trade are calculated in accordance with generally accepted accounting...

Side-Hustles & Tax

There has been a lot of confusion online about ‘side-hustle’ tax. Money Saving Expert Martin Lewis, accidentally overcomplicated the rules and then tried to correct himself by oversimplifying them. You will need to register for tax if your side-hustle...