|
30/12/2025 |
January Tax Tips & News
Welcome to the Philip Burley & Co. monthly newsletter, bringing you the latest news and information.
|
|
| HMRC alert for the self-employed ahead of January deadline |
| It's that time of year again! If you are required to submit a self-assessment tax return online, you must do so by January 31, declaring your income for the tax year ended April 5, 2025. Read More... |
| |
|
| Chancellor clarifies tax change on state pension |
| Following the Autumn Budget, the Chancellor has had to clarify what she meant when she said that nobody would pay tax on their state pension despite it certainly being higher than the personal allowance by April 2027. Read More... |
| |
|
| Bank of England at odds with Chancellor's claims on impact of tax rises |
| Catherine Mann, a rate-setter on the Monetary Policy Committee, told MPs that Rachel Reeves's policies - specifically the £26bn National Insurance tax increase and higher minimum wage - have slowed hiring. Read More... |
| |
|
| 300,000 workers affected by scrapping of work-from-home tax relief |
| Workers can currently claim either a flat £6 weekly allowance or actual additional costs, with claims backdated up to four tax years.
Read More... |
| |
|
| January Questions and Answers |
| Q: As the limit to investing in cash ISAs is being cut, can I buy cash in a stocks and shares ISA to maintain the tax-free benefit? Read More... |
| |
|
| January Key Dates |
| 1st: Corporation Tax payments are due for companies with a year-end of 31st March Read More... |
| |
|
| About Us |
We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year. If you need further assistance just let us know or send us a question from our Question and Answer Section. Philip Burley & Co. Accountants are based in Whitby, North Yorkshire, offering local business owners and individuals a wide range of services.
|
| |
|
Copyright © 2025 Philip Burley & Co.. All rights reserved.
28 Bagdale
Whitby
North Yorkshire
YO21 1QL
Philip Burley & Co. is a trading name of Philip Burley (Whitby) Ltd
|
|
