Tax Service Award for Patterson Hall Accountants
Patterson Hall Chartered Accountants are proud to be named as a top 3 tax service provider in County Durham for the 4th consecutive year.
Optimum Directors Salary 2022/23
Optimum Directors Salary 2022/23 is £11,908 per annum which equates to £992 a month or £229 a week. This is the most tax efficient amount.
The Spring Statement 2022 – Business Taxes
The Spring Statement was announced on 23rd March 2022. How will the announcements affect companies and the business taxes that they pay.
The Spring Statement 2022 – Personal Taxes
The Spring Statement was announced on 23rd March 2022. How will the announcements affect individuals and the personal taxes that they pay.
Tax Code 1257L – How to Check Your Tax Code is Correct?
Tax code 1257L will be the most common tax code for the tax year 2022/23. How to check your tax code is correct?
Self Assessment Filing Penalties Deferred
HMRC have announced that penalties relating to late filing and late payments of Self Assessment tax is to be waived for 1 month.
The Autumn Budget 2021 – Business Taxes
Updates include – corporation tax, super deductions, making tax digital, business rates and online sales taxes.
The Autumn Budget 2021 – Personal Taxes
The Autumn Budget was announced on Wednesday 27th October 2021. We go through the key announcements from the budget below. It includes how the budget will affect individuals and the personal taxes that they pay. For information on how the Autumn Budget 2021 will affect businesses – see Autumn Budget 2021 Business Taxes Personal Tax …
National Minimum Wage – The new rates from April 2022
From April 2022 the minimum hourly wage for individuals aged 23 and over will be £9.50. See all hourly minimum hourly rates announced.
Dividend Taxes to Increase from April 2022
Dividend taxes are to increase by 1.25% from April 2022. This will affect small business owners who trade as a Limited company.