New Brooms

by tiemadmin | Jun 11, 2024 | General

As time passes during the present election campaign, its seems more likely that we may have a change of government from the 5 July. Labour have disclosed a number of tax changes they would introduce. To summarise they are: Private school fees will attract VAT at 20%...

New protection for consumers

by tiemadmin | Jun 4, 2024 | General

The Digital Markets, Competition and Consumers Act has become law after receiving Royal Assent. The Act paves the way to give consumers rights across the UK, with greater control and clarity over online purchases.  It does this by requiring businesses to provide...

Change

by tiemadmin | Jun 4, 2024 | General

There is a French saying “Plus ca change, plus c’est la meme chose” meaning, the more things change, the more they stay the same. Its interesting to apply this to a change that is about to come about, if, as expected, the Labour Party form the next...

General election date announced

by tiemadmin | May 30, 2024 | General

The Prime Minister, Rishi Sunak, declared from the steps of Downing Street (on 22 May 2024) that the next general election will take place on 4 July 2024.  The Prime Minister confirmed that he had spoken with His Majesty the King to request the dissolution of...

Benefits of a fall in inflation

by tiemadmin | May 28, 2024 | General

An economist from the Treasury explains exactly what a fall in inflation means for you. How will lower inflation help the economy?   Lower inflation supports people by maintaining the purchasing power of their money.   If prices only rise slowly,...

View your annual tax summary

by tiemadmin | May 23, 2024 | General

The Annual Tax Summary is a document provided by HMRC that shows details of the tax you pay and how this is used by government. The Annual Tax Summary shows: your taxable income from all sources that HMRC knew about at the time that it was prepared; the...