Top Tax Tips for Preparing Your 2023/24 Personal Tax Return
As the 2023/24 tax year ends, it’s time to prepare your personal tax return. Here are key tips to help you stay organised, avoid errors, and reduce your tax bill. 1. Organise Your Documents Collect key forms like your P60, P11D, self-employment income, dividend statements, and rental income details. Keep a checklist to ensure nothing […]
Labour Autumn Budget 2024: Key Tax Changes and How to Prepare
With the Labour government’s Autumn Budget on the horizon, several tax changes are expected that could impact individuals and businesses alike. Here’s what you need to know and how to prepare. 1. Income Tax Hikes for High Earners Labour plans to increase tax rates for higher income brackets and reduce personal allowances for top earners. […]