Forrester Boyd May News
In this edition of our newsletter, we highlight some of the key issues to consider in early tax planning. We focus on the surprise change from the Budget for those incurring the high-income child benefit charge.?
Other stories in this edition include:
Please do get in touch if we can continue to help or provide you with more information on any of the topics covered here.
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Charity Golf Day
Join us for an unforgettable day on the greens at Grimsby Golf Club and take advantage of one of our incredible sponsorship opportunities. Last year we raised more than ￡7,500 and we can't wait to welcome you all for another excellent day of fundraising!
???Date: Thursday, 5th September 2024
???Location: Grimsby Golf Club
??Time: 8.30am - 5:00pm
We are looking for sponsors for our event too. Please do check out the opportunities as to how you can support our fundraising efforts through sponsorship.
Download our brochure for full details of sponsorship opportunities here>>>
Please do get in touch with us as soon as you can to declare your interest. We are also looking for prizes for our raffle, so again, if you can donate anything that we could include in this, we would be most grateful.
We also have a few remaining team places, so if you would like to enter a team do let us know ASAP or enter here>>>
Read our Latest Blogs
Daily penalties come in for late self-assessment returns
Around 1.1 million taxpayers who failed to submit the self assessment tax return for 2022/23 on 31 January 2024 now face a ￡10 daily penalty charge by HMRC.?Read more>>>
Have you overlooked a changed tax status?
With allowances frozen or cut, you may have underpaid tax for 2023/24.?Read more>>>
Landlord update on Renters Reform Bill
The Renters Reform Bill has finally completed its passage through the House of Commons with important concessions made in favour of landlords. Landlords with leasehold property may also benefit from an annual cap of ￡250 on ground rents.?Read more>>>
The importance of a well-drafted will
The risk of relying on homemade wills was highlighted in a recent case where a will was held to be invalid. Even a well-written will must be kept up to date given the possibility of future inheritance tax (IHT) changes.?Read more>>>
Electric vehicles can boost income with salary sacrifice
It may seem counter-intuitive, but taking a pay cut and opting for a salary sacrifice scheme with an electric car can boost take-home pay thanks to tax and national insurance contribution (NIC) savings.?Read more>>>
Have you looked into our Outsourced Services?
Whether you need help with bookkeeping or payroll, or maybe you need a virtual financial director or help with your marketing strategy - we've got you covered. Check out our handy outsourced services guide to see how we can help support you and your business. Download our guide here>>>
Thank you for reading this month's edition of our LinkedIn newsletter. If you would like to get in touch for a free no-obligation consultation please email us at [email protected].