Warning of rising cost of living this autumn
Sources: The Institute for Grocery Delivery (IGD) says prices will rise by 15% as households pay more for staples such as bread, meat, dairy and fruit and vegetables. Not only that, but IGD also warns that people with more vulnerable funds may skip meals. The IGD also...
In July! The government will pay for living expenses for the first time
The UK government has announced that from 14th July 2022, the first instalment of a new cost of living payment will be issued to households receiving income-related benefits, with another payment in the autumn. More than 8 million households in England, Scotland and...
What is Making Tax Digital?
Making Tax Digital, currently underway, is a key part of the government's plan to make it easier for individuals and businesses to gain tax rights and take control of their taxes. HMRC has also developed a fairly strict fine model to ensure that all companies and...
Q&A：How can I get the State Pension
"I've been working hard and making uninterrupted contributions to the social security system. I want to know if I can get a retirement salary to protect my old age when I'm old? When will I be eligible for the State Pension?" We recently received an inquiry from our...
Everything you need to know – Help to Buy
Help to Buy is a government scheme designed to help first-time homebuyers buy a property with a 5% deposit. You can borrow 20% of the purchase price (40% in London) interest-free for 5 years. The government had planned to close the application channel on March 31,...
Time to move to the new customs declaration platform.
In a previous article we detailed how HMRC is moving customs declarations to online declarations, click to review. HMRC is now urging businesses to move to the new customs IT platform as soon as possible to continue trading. Perhaps you have received letters from HMRC...
The ￡400 energy grant coming soon!
The cost of living has been soaring across the UK, mainly due to higher prices for essentials such as gas and electricity, but also food and fuel. We've been working hard to find more allowances that should go to customers and residents to give everyone some relief...
Did you apply for marriage allowance?
Marriage Allowance is the transfer of a personal allowance of £1,260 from one partner to the husband/wife or civil partner to achieve a certain tax credit. In most cases, your tax can be reduced by up to £252 during the tax year (6th April to 5th April). Now log on to...
“I bought a house with confidence.”
Most people believe that when property is given away or transferred to a family member it is not a third party sale. They also believe that such operations do not require professional help or extra costs. In fact, you need to handle property transactions with the same...
HMRC alerts you to new scam messages.
Recently, HMRC announced a series of examples of fake HMRC sending phishing emails, fraudulent phone calls, text messages and other fraudulent means to users through network and communication. HMRC reminds you not to open attachments or click on any links in emails or...
