TaxAssist Forth Valley

Friendly, approachable accountant in Stirling and Falkirk! Pop in and say hi!

[TaxAssist Forth Valley @jonathanadeb]

@IainMcGill That’s going to help the youth unemployment rate!

[TaxAssist Forth Valley @jonathanadeb]

@blahblaaahblaaa @PSOSEdinburgh No but I am not a civil servant directly responsible for the productivity of an city

[TaxAssist Forth Valley @jonathanadeb]

@walkey101 @PSOSEdinburgh Sorry read 9am somewhere but still!

[TaxAssist Forth Valley @jonathanadeb]

@GMFinX Socialism for you courtesy of @Conservatives

[Stuart @StuartMaggs]

The hidden tax measure in the Budget is huge for people paying tax under self-assessment - sole traders, partners, landlords, retired investors.

For 6th April 2028-29, you currently pay 50% of your income tax late in the tax year in question (in January 2029), 50% just after the year end (in July 2029) with any make-up payment in January 2030.

Under the new proposals you will pay your tax perhaps monthly or quarterly (TBC) from April 2029 onwards. A rough analysis suggests the impact is to draw about 50% of your tax bill forward, a huge cashflow boost to HMRC and a significant funding issue for the self-employed.

The Treasury recognises this, and expects to raise £1.3bn of additional tax in 29/30 as a result of this change.

The cashflow impact of the accelerated charge will send some businesses to the wall.

[TaxAssist Forth Valley @jonathanadeb]

@LiquidJadeHull @CooperativeBank We will be raising a complaint as you point out this has happened for prolonged periods in the last couple of weeks. They over very little support. Pointing towards a phone number that then you have to queue for ages to answer and can’t make the payments. @BBCNews

[TaxAssist Forth Valley @jonathanadeb]

@CooperativeBank Why was that work not carried out over the weekend when most businesses are less reliant on making payments?

[TaxAssist Forth Valley @jonathanadeb]

@CooperativeBank I see your banking app and digital banking is down again following an outage of at least 4 day less than 2 weeks ago. This is totally unacceptable. Particularly for businesses that perhaps have to make payroll today.

[TaxAssist Forth Valley @jonathanadeb]

@PolitlcsUK Does this apply to agents? Think I’ll be earning and extra £100k a year from this!

[TaxAssist Forth Valley @jonathanadeb]

@Malcolm_Offord @IainMcGill Thought he liked wind power! 💨

[TaxAssist Forth Valley @jonathanadeb]

@ZiaYusufUK That’s the @UKLabour in a nutshell celebrate mediocrity (at best) while neglecting millions of hardworking Britons

[TaxAssist Forth Valley @jonathanadeb]

We focus on delivering personal customer service but I sometimes get annoyed with the service levels of some (how long have you waited in a phone queue?)

Shout out 4 @Apple today I received a gift as they’d taken a while too long to repair an old iPhone. Amazing!

[TaxAssist Forth Valley @jonathanadeb]

😂

[Aldi Stores UK @AldiUK]

You sound like our legal team

[TaxAssist Forth Valley @jonathanadeb]

@elonmusk Germany benefits the most from the devaluation of the Euro on its exports

[Race Across The World @RATW_official]

What a series! Thank you for watching along with us, we hope you've enjoyed the race as much as we have 🤩

Goodnight! 👋

#RaceAcrossTheWorld

[TaxAssist Forth Valley @jonathanadeb]

@BBCScotlandNews You forgot the SUPERTAX RATE (67%) £100,001 - £125,139

[TaxAssist Forth Valley @jonathanadeb]

@_lindabach wishing you all the best with the launch of your new veterinary service … only wish it was nationwide

[TaxAssist Forth Valley @jonathanadeb]

Well done all students at @UoELawSchool involved @ScotTaxClinic & @amy_lawton_ on winning The Community Impact Award @EdinUniCAHSSres

[TaxAssist Forth Valley @jonathanadeb]

@StuartJRitchie Congratulations to you both ❤️