Personal tax
You & your family
News
Points and penalty system for making tax digital
HMRC has announced that they will use a new points based system to encourage taxpayers to submit MTD updates on time.
Furlough scheme extended
The Chancellor has extended the furlough scheme until 30 September 2021, with no employer contributions required until 30 June 2021.
Personal tax planning
Filling in a personal tax return, whether on paper or online, can be a nightmare for many people.
Britain has some of the most complicated tax laws in the world and the rules are changing rapidly according to how the economy is moving, and because of new measures being introduced at seemingly regular intervals by the Government of the day.
Failing to stick to the rules including late filing and making mistakes can result in severe penalties. Finding your way round tax reliefs for pension contributions, loan interest and even donations is complex and the sensible way forward is to get us to help you in tax planning so that you can mitigate your liability for income tax.
Working hard you will want to retain as much of your income as possible. We already prepare nearly 4,500 tax returns for individuals each year so can help in that process and also advise you on a long term basis how best to look after your personal wealth.
You may find our tax tips download informative.
Speak to a tax planning expert
Change to Whitley Stimpson
Step 1
Confirm to your accountant that you wish to move to Whitley Stimpson
Step 2
Supply Whitley Stimpson with your existing accountant’s details
Step 3
Relax. We’ll handle the rest.
You & your family
News
Points and penalty system for making tax digital
HMRC has announced that they will use a new points based system to encourage taxpayers to submit MTD updates on time.
Furlough scheme extended
The Chancellor has extended the furlough scheme until 30 September 2021, with no employer contributions required until 30 June 2021.
Frozen tax bands and allowances
Income tax and national insurance contribution rates have been frozen for 2021-22 and are likely to remain frozen until the end of this Parliament in 2024.
Partners in your progress
Contact us for help completing your personal tax return and for tax planning advice.
