Income tax rates set until 2026 - income tax, the threshold for paying the basic rate will rise to £12,570 next year. For higher rate payers, the threshold will be £50,270. Both rates will stay the same until 2026. #Budget2021#tax
HMRC has confirmed that Self Assessment taxpayers will not be charged the 5% late payment penalty if they pay their tax or set up a payment plan by 1 April 2021.
TFO Tax wishes you & your families well during these unprecedented times.
TFO Tax continues to advise clients / contacts with procedures in place to enable us to be fully operational from home.
Thank you for your continued support.
#PleaseStayAtHome#SaveLives#NHS
Friday 5 April 2019 sees the 2019 loan charge come into effect. Individuals who implemented disguised remuneration avoidance schemes need to take action. Contact TFO Tax at [email protected] or on 0161 234 6504
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