2021/22 Tax Rates & Allowances now available

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You can now find the key tax rates and allowances which will be affect our business and personal lives in 2021/22 – just click here. We are sure that you will find them a useful point of reference over the year, so do bookmark the page. You can also access it direct from the Resources menu above. We have included a few examples of how the allowances and reliefs can be used, but would encourage you to contact a member of our team before you take any action on them or if you have any questions.

Useful information for 2021/22 Tax Rates & Allowances now available

Limited CompaniesSole Traders & Partnerships

This article will cover some profit and loss statement basics, as well as exploring what this information can tell you…

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Limited Companies

As the rate of employer’s National Insurance has increased, salary sacrifice may be a more tax-efficient way to make pension contributions.

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Limited CompaniesPrivate ClientSole Traders & Partnerships

On 26 March, Chancellor Rachel Reeves revealed her Spring Statement, outlining the government’s plans for the economy. Read our summary…

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Private Client

5 April 2025 is the deadline to buy back missing National Insurance years, which could be significant to the State Pension you receive.

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Private ClientSole Traders & Partnerships

From 6 April 2026, people with trading/property income over £50,000 per annum must keep records and report information digitally to HMRC.

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Private ClientSole Traders & Partnerships

From 6 April 2025, income and gains from a Furnished Holiday Let will form part of a property business, affecting tax reliefs and allowances.

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Limited CompaniesPrivate ClientSole Traders & Partnerships

Read our summary of some of the changes contained in the Autumn Budget 2024 and how they might affect you or your organisation…

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Limited CompaniesPrivate ClientSole Traders & Partnerships

There could be changes to the Capital Gains Tax system in the Autumn Budget 2024. Find out what reliefs are currently available!

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Limited CompaniesSole Traders & Partnerships

If you’re starting a new business, it’s vital you understand the financial and legal pros and cons the different structures offer.

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Solicitors

Preparing your own will, or using an unregulated writer may be the cheaper option, but these approaches can present a number of issues…

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Solicitors

Inheritance Tax (IHT) is a tax on the value of an individual’s estate at the time of their death. There are several good practices that individuals can adopt to help minimise the impact of IHT on their estate and their heirs…

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Limited CompaniesPrivate ClientSole Traders & PartnershipsSolicitors

You can now find the key tax rates and allowances which will be affect our business and personal lives in 2021/22 – just click

Read more