| New Year, New Budget |
| It might seem like only a few weeks ago that we had the Autumn Statement, but already we've had news in the early days of 2024 that the next Budget is on its way. And with that, a swirling mass of rumours about tax changes - particularly cuts, ahead of a Read More... |
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| Online sellers watch out for 'side hustle tax' | £148m in tax bills to be paid in instalments | | You may have seen one of the early 2024 tax stories popping up in many of the national newspapers relates to a so-called 'side hustle tax'. Is it really a tax? No. Yet we're seeing it reported as a 'New Year tax clampdown' and similar such descriptions... Read More... | As the Self-Assessment Income Tax deadline looms (31 January), HMRC has revealed that many people have opted into a scheme to pay their tax bills in instalments... Read More... |
| Scotland creates new higher income tax band | | Scottish taxpayers earning more than £75,000 are set to pay a new higher rate of 45% from 2024-25. The Scottish Government has announced the change following its Budget... Read More... |
| February Questions and Answers | February Key Dates | | Newsletter issue – February 2024
1st
- Due date for Corporation Tax for companies with an April year-end
19th
- For employers operating PAYE, this is the deadline to send an Employer Payment Summary (EPS) to claim any reduction on what you'll owe HMRC
22nd
- Deadline for employers operating PAYE to pay HMRC. For those paying by post, the deadline is 19 February.
29th
- Corporation Tax Returns are due for companies with February year ends
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| About Us |
Lawrence & Co Accountants are based in Harrow, offering local business owners and individuals a wide range of services.
All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website https://lawacc.co.uk/ for more information.
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Copyright © 2025 Lawrence & Co. All rights reserved.
Unit 205, Cervantes House
5-9 Headstone Road
Harrow
HA1 1PD
Lawrence & Co is a trading name of Lawrence & Co
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