FWD Tax Tips and News

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31/12/2025
HMRC alert for the self-employed ahead of January deadline
It's that time of year again! If you are required to submit a self-assessment tax return online, you must do so by January 31, declaring your income for the tax year ended April 5, 2025. Read More...
 
Chancellor clarifies tax change on state pension
Following the Autumn Budget, the Chancellor has had to clarify what she meant when she said that nobody would pay tax on their state pension despite it certainly being higher than the personal allowance by April 2027. Read More...
 
Bank of England at odds with Chancellor's claims on impact of tax rises
Catherine Mann, a rate-setter on the Monetary Policy Committee, told MPs that Rachel Reeves's policies - specifically the £26bn National Insurance tax increase and higher minimum wage - have slowed hiring. Read More...
 
300,000 workers affected by scrapping of work-from-home tax relief
Workers can currently claim either a flat £6 weekly allowance or actual additional costs, with claims backdated up to four tax years. Read More...
 
January Questions and Answers
Q: As the limit to investing in cash ISAs is being cut, can I buy cash in a stocks and shares ISA to maintain the tax-free benefit? Read More...
 
January Key Dates
1st: Corporation Tax payments are due for companies with a year-end of 31st March Read More...
 
About Us

FWD Accounts Suffolk, offering local business owners and individuals a wide range of services.

We help our clients by producing regular management accounts for their business and then talk through those numbers and what they mean.  Email Jason at jnf@fwdaccounts.co.uk if this is of interest, and he will provide you a quote for doing this and he can explain how it would work.  Waiting for this financial information until your year end is often too long, and it does not allow the business to make corrective action at an early stage, if it was necessary. It also allows us time to make tax planning decisions as the year develops, to minimize the final tax payable.

All clients are entitled to fixed fees, work delivered on time and phone support. Visit our website fwdaccounts.co.uk for more information.

 

 

 
 

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