Hello and welcome to our July newsletter.
From missing out on valuable interest on business savings accounts to working pensioners paying £8.6 billion in income tax, this month we bring you all the latest industry news. If you have any questions or concerns about any of the topics discussed this month, please don’t hesitate to get in touch.
Updated EIS guidance offers tax breaks for company investors
Updated EIS guidance will offer generous tax breaks for company investors. To find out more about the scheme, rules and who’s eligible, head to our latest story.
How to check if a letter you’ve received from HMRC is genuine
HMRC customers are often the target of scammers. To ensure you stay safe, here’s how to check if a letter you’ve received from the Revenue is genuine.
Penalties for overclaimed SEISS grants
HMRC has updated their guidance which sets out the procedure for reporting and repaying overclaimed Self-Employed Income Support Scheme (SEISS) Grants. Head to our latest story to find out everything you need to know.
National Insurance threshold increases to £12,570
As of this month, the National Insurance threshold will increase to £12,570. The move is estimated to reduce NICs for 70% of workers and take out 2.2 million people from paying altogether.
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To read news and blogs from Rebecca Austin, click here >>