by cklg | Jul 30, 2025 | Tax Advice
Last month Chancellor Rachel Reeves reversed the decision to restrict winter fuel payments, confirming that pensioners in England and Wales with taxable incomes of £35,000 or less will again receive the benefit from this autumn. Pensioners aged 67-79 will be paid...
by cklg | Jul 29, 2025 | Business Services, Tax Advice
This is one of the most frequent questions we’re asked by our owner-managed company clients. Unfortunately, the stock answer, “Take a salary up to your Personal Allowance and take the rest as dividends” is not always the answer. The truth is,...
by cklg | Jun 17, 2025 | Tax Advice
The State Pension remains a cornerstone of retirement income for millions across the UK. While private pensions and personal investments contribute to financial security in later years, the State Pension provides a reliable foundation of support. However, with...
by cklg | Jun 16, 2025 | Business Services, Tax Advice
From 6 May 2025, HMRC will no longer confirm a taxpayer’s Unique Taxpayer Reference (UTR) number over the phone. This change affects individual taxpayers as well as agents calling on behalf of clients. Instead, UTR numbers will now be accessible exclusively through...
by cklg | May 21, 2025 | Business Services, Tax Advice
The UK government has announced a key update to Income Tax Self Assessment thresholds, aligning trading, property, and ‘other taxable’ income limits at £3,000 (gross) each. This change aims to simplify tax reporting and could exempt up to 300,000 individuals from...
by cklg | May 20, 2025 | Tax Advice
HM Revenue and Customs (HMRC) has reported that nearly 300,000 people have already filed their 2024/25 Tax Return, just weeks into the new tax year! While the deadline isn’t until 31 January 2026, getting ahead of the game can bring significant advantages. Filing...