Rushi Sunak presents his first budget today, contact us if you have any queries following his announcements. Meanwhile the Bank of England has announced a 0.5% cut in interest rates, down to 0.25%, to aid the Coronavirus effect on the economy #Budget2020
Merry Christmas to all from Franklin Underwood. Please note our offices close on Friday 20/12/19 at 5pm and reopen on Monday 6/1/2020! We hope Santa is good to you all!
You can now access your online Personal Tax Account for the first time using your full name and postcode – providing the information we hold for you is up to date. Once in you can view your tax code, National Insurance number and check your state pension. https://t.co/hrrqR0356s
Career opportunity! We are currently advertising for a graduate calibre candidate to commence our ICAEW training contract wef 1/9/19. All applications welcome.
Tax return deadline on Thursday! Please contact us if you would like any help with your return. An automatic fine of £100 will apply from Friday for any returns filed late
No shocks in the budget! All good but we look forward to the detail. Personal allowances up, slight tweak to qualifying period for ER and slight tweak to personal residence relief for homes let out, but no increases in taxes for SMEs. Increases in tax compliance to continue
Lots of chatter about pension contribution tax relief. If you are planning to make contributions up to your allowance or utilising unused brought forward allowances, probably best to do so prior to the. Budget, Oct 29th.
I’m pleased to announce the Budget will take place on 29 October.
I’ll set out how our balanced approach is getting debt falling while supporting our vital public services, and how we are building a stronger, more prosperous economy.
VAT registered businesses with a taxable turnover above the VAT threshold (£85,000) will need to keep digital VAT records and send returns using #MTD compatible software from April 2019. Find out more #Smartergov
https://t.co/BvOsdtAByK