The Institute of Chartered Accountants in England and Wales (ICAEW) has published insights from a study by technology market analyst IDC, emphasizing that AI in finance should be human-centred to be truly effective. AI as a Tool for CFOs and Finance Teams The study...
Welcome to the March 2025 edition of our Tax E-News. We aim to keep you informed about the latest tax changes and updates affecting businesses and individuals. If you have any questions or need tailored advice, please contact us. Making Tax Digital for Income Tax With...
HM Revenue & Customs (HMRC) has announced a reduction in late payment interest rates, following the recent cut in the Bank of England base rate. If you owe tax or are due a repayment, these changes could impact you. What Are the New HMRC Interest Rates? From...
HM Revenue and Customs (HMRC) have revealed that 37,000 people have plugged gaps in their National Insurance (NI) record since last April, boosting the amount of State Pension they will receive when they reach retirement age. The amount of State Pension you will...
The Bank of England reduced their base rate to 4.5% last week, as had been widely expected in the days leading up to the decision. The decision was made by a 7-2 majority. The minority of two members were looking for the rate to be reduced to 4.25%. In announcing...
Welcome to the February 2025 edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. February 2025 THERE’S STILL TIME FOR SOME YEAR END TAX PLANNING! With the tax/financial year end...