Menzies

NOVEMBER 22, 2022

Menzies LLP - A leading chartered accountancy firm. In the 2022 autumn budget, Jeremy Hunt confirmed NIC thresholds would freeze until April 2028. Salary from directorships and employment income is subject to both employee’s and employer’s Class 1 NICs. Introduction. The Health and Social Care levy has been scrapped.

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Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. Capital gains tax (CGT) has traditionally been a tax that most people could ignore. However, as has happened with higher rate tax, the reach of CGT has been growing and will extend further over the next few years. Don’t sell!

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Menzies

NOVEMBER 30, 2022

Menzies LLP - A leading chartered accountancy firm. The lack of clarity about whether the Energy Price Guarantee for companies will continue beyond the start of April and the decision to freeze the National Insurance Contribution (NIC) secondary threshold for employers until April 2028, have been seen as negatives. Conclusion.

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CPA Practice

SEPTEMBER 12, 2024

He also worked as an audit manager for a national accounting firm, managing public and private company audits. In this role, Pawlow will be instrumental in aligning day-to-day activities advancing the Firm’s Vision 2028 initiative, as well as promoting that vision to other CPA firms seeking growth alternatives to private equity.

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Menzies

NOVEMBER 7, 2022

Menzies LLP - A leading chartered accountancy firm. Pensions and ISAs both offer tax advantages and form the foundation of any investment planning. The benefits of both types of investment increase as an individual’s marginal rates of tax rise. Other eligibility and access restrictions also apply. Conclusion.

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Menzies

OCTOBER 4, 2022

Menzies LLP - A leading chartered accountancy firm. The basis period reform will not affect businesses with accounting year ends to 5 April or 31 March. It may also be beneficial where there has been a less profitable year of trading and the individual is taxed at a lower rate of income tax in one of the following 5 years.

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