Under the self-assessment regime, individuals are responsible for calculating their tax liability and ensuring that any tax owed is paid on time. At Horsfield & Smith, Chartered Accountants in Bury, we understand the importance of staying compliant with the latest...
What to watch out for when navigating this important financial obligation. The UK Self-Assessment System has its quirks and nuances. Understanding how to stay compliant is crucial to a smooth and stress free income tax process. From early paper deadlines to penalties...
What to expect from April 2023. A number of changes are coming to income tax in April 2023 that will affect taxpayers across the UK. Many of these measures were announced by Chancellor of the Exchequer Jeremy Hunt in his Autumn Statement on 17 November 2022. According...
