Most of us will expect to receive a state pension when we retire. The system, who qualifies and how much you will receive can be complicated so it makes sense to understand what you will be entitled to.
When you will receive the state pension depends on the date you were born, how long you have been in employment and how many years of National Insurance payments you have made. Your gender can also make a difference depending on your age and when you retired.
According to Income Tax Act 2007 (ITA2007/S836), where the property is held in joint names of husband and wife, each spouse is treated as beneficial entitled to the income in equal shares e.g. 50:50 for income tax purposes.
The prospect of a comfortable retirement usually means saving for the future well in advance of turning 65. In the UK there are many ways that you can save into a pension pot, whether that be a workplace pension, a private pension, or even through an alternative type of savings account. One type of pension that often goes overlooked is a self-invested personal pension. This article will cover everything you need to know about self-invested personal pensions including what they are, how to start one and whether or not they are the right pension for you.
Earlier this week, Chancellor Rishi Sunak revealed his Spring Statement 2022 in the House of Commons. There were some interesting inclusions aimed at dealing with rising inflation and energy prices. According to the Office of Budgetary Responsibility, growth for this year is projected at 3.8%, which is considerably less than the previous prediction of 6%. Annual inflation is expected to increase to an average of 7.4% for the year, peaking at 8.7% in the last quarter of 2022.
Corporation tax is a bill that all businesses, including limited companies and many other organisations, must calculate and pay to HMRC or risk facing fines or legal penalties. How do you know if you have to pay corporation tax? Are there any exceptions? Read on to find out.
This price plan is suitable for the start-up companies who are not VAT registered.
This price plan is suitable for the companies who are VAT registered and turnover is less than 100K with a couple of employees.
This price plan is suitable for the companies who are VAT registered; turnovers are more than 100K and have 2 directors and shareholders.
This bespoke price plan is suitable for the companies who are VAT registered, with more directors, shareholders and employees. Also, annual turnover is more than 200k and requires further bespoke services.
This price plan is suitable for self-employed individuals, landlords and those who need to submit Self-Assessment Tax Returns.
If you need to submit the Self-Assessment Tax Return, we can offer you competitive prices starting from £150 + VAT. Price can vary according to your nature of income. Please contact us for more details.
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