Tax Tips and News - June 2025

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courtsaccountants.co.uk

06/06/2025

Tax Tips and News - June 2025

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.

We wanted to share an insightful article with you written by Terri Hall at Continuum.

Terri Hall – Courts – is it time to start investing

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!

HMRC criticised for time taken to process tax refunds

HMRC is under scrutiny for taking over four months to process tax refunds, a process that previously took just a few weeks. The delays are particularly affecting employers' PAYE refunds and the Construction Industry Scheme (CIS). Read More...

Is it time to use up this year’s cash ISA Allowance?

Rumours have swirled since before the last Autumn Statement about a possible cut to the annual cash ISA allowance. It is now known that the Chancellor has been evaluating cutting this allowance. Read More...

Changes to notifications by employers to operate PAYE on a proportion of a globally mobile employee’s income and Overseas Workday Relief

The previous non-domicile rules regarding operating PAYE on a reduced percentage of an employee's income (known as Section 690) ended, replaced by a system based on tax residence. Read More...

HMRC’s ‘Help for Hustles’ Campaign

This is a recent initiative by HMRC. The campaign is designed to assist individuals who earn extra income outside their main job, ensuring they understand their tax obligations. Read More...

June Questions and Answers

Q: I’ve reached that stage in my life where I need to think about my estate and the amount of inheritance tax that may be paid on it. I’ve heard that gifting money before I die is free of IHT. Can you please explain how this works? Read More...

June Key Dates

1st June - Corporation Tax payments are due for companies with a year-end of 30th September. 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