Elemental Accounting

Offers a wide range of #accountancy and #tax services with a strong focus on small companies and individuals.

[Elemental Accounting @ElementalAcc]

New ISA rules to read up on: https://t.co/sG20f1ggjn

[Good Morning Britain @GMB]

The latest official inflation figures have been released by the Office for National Statistics and it's not great news for the Chancellor Rachel Reeves.

With just a week to go until the budget, the figures show that inflation has eased to 3.6%, that's less than expected. It remains well above the Bank of England's 2% target.

@richardgaisford reports.

[Elemental Accounting @ElementalAcc]

Rachel Reeves to hit drivers with pay-per-mile tax in Budget https://t.co/capfAIABDd

[Financial Times @FT]

Breaking news: The Bank of England has cut interest rates for the first time in more than four years after UK headline inflation fell to its target rate of 2% https://t.co/dBsshxx42M

[Elemental Accounting @ElementalAcc]

Budget 2024: Jeremy Hunt announces 2p cut in national insurance https://t.co/ktMbDGd0OU

[Martin Lewis @MartinSLewis]

WE GOT THE WIN ON CHILD BENEFIT!
Chancellor tipped me off before budget, said this was due in large to MSE/my shows campaigning all based on all those of your who messaged me to say it was the key thing to put to him

So
1) From this April threshold which hasn't moved since 2013 rises from a single parent earning £50,000 to £60,000 and you lose child benefit totally at £80,000 (not £60,000)
2) Consultation on moving it to family income not individual income and hopefully that'll be in place from April 2026 (this is to stop unfairness for single income/single parent) families.

#Budget2024 #BudgetXplanations

[Elemental Accounting @ElementalAcc]

First changes to UK company law expected on 4 March https://t.co/6V3zuyFFLc

[HM Treasury @hmtreasury]

Today the Chancellor @Jeremy_Hunt set out his Autumn Statement to the @HouseofCommons.

Here’s what you need to know 👇

[Federation of Small Businesses (FSB) @fsb_policy]

🦺 Brilliant news on self-employed National Insurance. FSB has been calling to abolish class II national insurance contributions, and cut class IV, to back those who strike out on their own.

#AutumnStatement2023

[HM Revenue & Customs @HMRCgovuk]

Do you need to complete a Self Assessment tax return this year?

If you’ve rented out a property, made a bit of money from your #sidehustle, or if you are newly #selfemployed and earned more than £1,000 – you might need to.

Find out more 👇

[HM Revenue & Customs @HMRCgovuk]

���🔑 Moved house recently?

You can update your address details instantly online or on the HMRC app – let us know today to make sure you still get important information from us

📱 Download the HMRC app today 👇

iOS https://t.co/yf69EkmOVn
Android https://t.co/Ma2d43RXR7

[HM Treasury @hmtreasury]

Here’s a recap of the top things you need to know from today’s Spring Budget.  

Click the link below to read more ⬇️

https://t.co/KgEvSpeTCf

[HM Revenue & Customs @HMRCgovuk]

Check if you’re eligible to save up to £252 a year in tax with Marriage Allowance this Valentine’s Day.

It's quick and easy to apply for – and you can find out what you could get by using our online calculator 👇

https://t.co/4J6V7Cpdjz

#HelpforHouseholds

[Elemental Accounting @ElementalAcc]

Switch to tax year basis to go ahead in 2024 | AccountingWEB https://t.co/kFRDBQHK5a

[Elemental Accounting @ElementalAcc]

Self-assessment: tips for filing your UK tax return to avoid risk of a £100 fine https://t.co/0XJ9pEETaE

[Elemental Accounting @ElementalAcc]

Celebrating 10 years of business! 10 years has flown by. Huge thanks to all of our loyal and wonderful customers. Here's to the next 10 🥂💫

[Elemental Accounting @ElementalAcc]

Useful video to locate your UTR! #TaxReturns

[HM Revenue & Customs @HMRCgovuk]

Do you need your Unique Taxpayer Reference for your Self Assessment tax return? You can get it instantly on the HMRC app. There’s no need to call us, saving you time and money. See how easy it is in this video. ⬇️
https://t.co/aENNviipwM

[HM Revenue & Customs @HMRCgovuk]

📣 VAT traders – for accounting periods starting on or after 1 January 2023, new penalties now apply if you submit or pay your VAT returns late.

Find out more here 👇
https://t.co/3j9GVkuKun

[Elemental Accounting @ElementalAcc]

Chancellor's Autumn Statement 2022: tax changes, state pension rises and further cost of living help https://t.co/p0DbCw6gyX

[Elemental Accounting @ElementalAcc]

Bank of England warns of longest recession since the 1930s https://t.co/uWwgC4fiyg