How Financial Modelling can improve business performance
Financial modelling can help businesses unlock information that can be the key to their strategic advantage.
Financial modelling can help businesses unlock information that can be the key to their strategic advantage.
Planning ahead is key and we advise clients against delaying the filing of returns until the last minute so that they can relax and enjoy the festive season.
HMRC are changing the way they support customers and agents through their Self-Assessment (SA) helpline. With this in mind, we would urge our clients to get in touch as soon as possible if they have personal tax issues to resolve.
HMRC has announced a major shift in tax procedures, exempting high earners with PAYE income exceeding £150,000 from self-assessment tax returns starting in the 2024/25 tax year.
This change, following the recent threshold increase from £100,000 to £150,000 for 2023/24, is expected to benefit approximately 338,000 taxpayers.
At bennettbrooks we are lucky to have a dedicated and well-rounded technology team; some of our longest running relationships span the distance since we introduced the first service back in 2009.
On 22 November 2023, Chancellor Jeremy Hunt presented his Autumn Statement to Parliament and started making, in his words, the long-term decisions necessary to strengthen the economy and build a brighter future. Fuelled by falling inflation and stabilised public finances, focus is now being applied to reducing debt, cutting tax and rewarding hard work.