
HMRC to increase interest on late payments yet again!
HMRC have just announced that they will raise interest rates on late payments by a further 0.25% from 31 May 2023 to 7%. Repayment rates will also increase to 3.5%
IN Accountancy offers a full accountancy service to individuals.
Many of our clients want a team to deal with their personal tax affairs correctly, on time and without fuss. That’s where we come in, giving you the services you need, not the extras you don’t. So you can relax knowing your tax accountant is freeing you from the hassle of sorting out your tax return.
Claiming tax can be a tricky business. First, you need to know what you can claim. Next, you need to calculate what’s due and complete all the forms. We’ll take care of it.
From gift aid and child tax credits to business mileage and pension contributions, you could be entitled to many different tax refunds. Just send in your paperwork and we’ll look into it.
You can trust us to handle your tax in an experienced, legal manner – we’ll keep things as simple and straightforward as possible while also helping you claim what you’re entitled to.
Our clients receive the following from our personal tax services in the form of regular email updates :
Download our free Tax Calculator App for calendars, deadlines, advice and other handy tools – everything you need to know about tax and accounts in one place.
Ultimately it comes down to just two words:
WE CARE…
About you, your business, our team, our business, the local community and the environment.
We always strive to do our best, to improve that best and to go the extra mile.
We do what we say we will do. Simple.
Something you should expect from your accountant!
We want you to feel at ease and well looked after – no such thing as a silly question.
We understand how important communication is to you, and will always respond to you quickly.
We take a no-jargon approach and aim to help you understand the numbers that really matter in your business.
Our philosophy is to strive for continuous improvement and empowerment for all.
News relating to Personal Tax
HMRC have just announced that they will raise interest rates on late payments by a further 0.25% from 31 May 2023 to 7%. Repayment rates will also increase to 3.5%
Jeremy Hunt’s first Budget announced on Wednesday 15 March 2023 may have been a bit of a damp squib for small business, but after the chaos of Autumn 2022, for accountants, tax advisors, economists and software companies around the country I suspect there was a huge sigh of relief.
So rather than complain about the lack of anything interesting to talk about, perhaps we should remember that sometimes a little bit of stability goes a long way!
If you were offered interest on your savings at 1168% you’d snap my hand off, wouldn’t you? Even 100% return on investment would be great
Keep up to date with all the news, events and videos from IN Accountancy
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Rhino Court,
Bramhall Moor Lane,
Hazel Grove,
Stockport,
SK7 5ER
IN-ACCOUNTANCY
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