Howsons

Changes to the High Income Child Benefit Charge (HICBC) came into effect on 6 April 2024. The income threshold at which HICBC starts to be charged increased to £60,000 (from £50,000). #ChildBenefits #Tax #HighIncomeChildBenefitCharge #Howsons

We are at Newport show on Saturday 13th July.🐂🐄🐎🐖🚜 Please come and join us for a Pimm”s and a bite to eat! Stand P411 opposite the bandstand. We look forward to seeing you there!

An overseas company must register with Companies House if they want to set up a place of business in the UK. This would mean that the overseas company has a physical presence in the UK through which it carries on business. #OverseasCompany #CompanyRegistration #Howsons

Business rates are a tax on non-domestic premises, including most commercial properties such as shops, offices, pubs, warehouses and factories. The money raised through business rates is used to help fund local services like the police, fire and rescue services. #BusinessRates

New rules that stop employers from withholding tips from people working in the hospitality, leisure and services sectors are a step closer following the publication of a new Code of Practice on tipping. #Tips #PaymentOfTips #Howsons

In general, there is no Capital Gains Tax (CGT) liability created when a property used as the main family residence is sold. An investment property which has never been used as a home will not qualify. This relief from CGT is commonly known as private residence relief. #Howsons

HMRC’s free tax app is available to download from the App Store for iOS and from the Google Play Store for Android. The latest version of the app includes updated functionality. #HMRCMobileApp #TaxApp

There is an online service available on HMRC to check your National Insurance Contributions (NIC) record online. The service is available at gov.uk/check-national… #NIC #NationalInsuranceRecord #Howsons

Do you remember when you joined X? I do! #MyXAnniversary

1 April 2024 - Due date for corporation tax due for the year ended 30 June 2023.

So what's new? There's been quite a few changes with the budget this time round. From tax reductions to increases in investment. Read the full report bit.ly/3T89k5n #SpringBudget #Budget #NationalInsurance #Howsons

Companies House has announced that some of their fees will be changing from 1 May 2024. The last change in fees was April 2016. #CompaniesHouse #CompaniesHouseFees #howsons

The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions to be treated as a trade for tax purposes. #FurnishedHolidayLets #TaxLetProperty #Howsons

If you are an employee and use your own money to buy things you need for your job you can sometimes claim tax relief for the associated costs. Usually, it is only possible to claim tax relief for the cost of items used solely for your work. #ReclaimingTravelCosts #CarExpenses

The coding out threshold may entitle you to have tax underpayments collected via your tax code when you are in employment or in receipt of a company pension. Instead of paying off debts in a lump sum, money is collected in equal monthly instalments over the tax year. #TaxPayments

Employees who are working from home may be able to claim tax relief for bills they pay that are work related. #Tax #WorkingFromHome #Howsons

If you have reached the State Pension age and continue to work, in most cases, you no longer need to pay National Insurance Contributions (NICs). #StatePension #StatePensionAge #Howsons

We wanted to remind you of the Inheritance Tax (IHT) implications of making cash gifts during the current 2023-24 tax year that will end on 5 April 2024. #InheritanceTax #IHTreliefs

Howsons Christmas Party! What a fantastic night we all had! Merry Christmas & Happy New Year to you all☃️🎅🎄 #teamhowsons #WhereEverybodyCounts

In the recent Autumn Statement, the Chancellor announced a significant change to National Insurance contributions (NIC) for employees. #NIC #NICSavings #Howsons