December 2024 Tax Tips & News

01280 875250

courtsaccountants.co.uk

21/12/2024

December 2024 Tax Tips & News

Welcome to the Courts Accountancy Services monthly newsletter, bringing you the latest tax tips and news to keep you one step ahead of the taxman.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and that they receive useful tax and business advice and support throughout the year.

Have a read of this informative article from Terri Hall at Continuum –Terri Hall – Courts – 6 things to do after the Budget

If you need further assistance regarding anything in this newsletter, please give us a call or drop us an email and we’ll be happy to discuss with you.

Also, if you require advice on your own specific circumstances, feel free to give us a call, after all we are here to help!

Please note, our offices will be closed from noon on Friday 13th December due to our staff Christmas lunch and the Christmas period closure will be from noon on Tuesday 24th December until 9am on Thursday 2nd January 2025.

We would like to take this opportunity to wish you a very Merry Christmas and a prosperous New Year.

Capital Gains: Investors’ Relief limit cut among changes revealed

One of the headline areas of tax reform in the Autumn Budget surrounded Capital Gains Tax. With rates altered by the Chancellor, it was one of the areas which attracted the most focus. Read More...

Changes to Alternative financing tax rules

Tax rules for individuals and companies using alternative finance are to change. The Government released plans for reform on the day of the Autumn Budget, with the aim of simplifying the tax treatment of alternative finance and, in particular, refinancing Read More...

Christmas company parties – cause for cheer

With Christmas soon arriving, you may be planning a festive party for your employees or on behalf of the company you work for. Read More...

Tax compliance rules for charities to change

Plans to change tax compliance rules for charities are moving forward, as the new Government picks up proposals for reform to prevent misuse. Read More...

December Questions and Answers

Q: I own a second home worth £400,000, which I bought for £250,000 and I have shares valued at £50,000, which I purchased for £40,000. How will the recent Capital Gains Tax changes in the Budget impact what I owe if I sell these assets now compared to if Read More...

December Key Dates

19 December - For employers operating PAYE, this is the deadline to send an Employer Payment Summary (EPS) to claim any reduction on what you’ll owe HMRC Read More...

About Us

Courts Accountancy Services Accountants are based in Buckingham, offering local business owners and individuals a wide range of services. All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website courtsaccountants.co.uk for more information.

Investment House, 24 Vicarage Road, Winslow, Bucks, MK18 3BE.

Courts Accountancy Services is a trading name of Courts Accountancy Services Limited