Tax Tips & News

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01/03/2025

March Tax Tips & News

Welcome to the D.R.E. & Co. Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

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

Please contact us for advice on your own specific circumstances. We’re here to help!
Tax changes expected as pressure grows on public finances
A Government surplus would normally be seen as good news. But despite reaching £15.4bn in January - a record high for the month - it's actually caused further headaches for the Chancellor, adding pressure to break her pledges on tax. The Government had be Read More...
 
Taxman collects more than £400m in interest charges
The amount the tax man collects from interest charges has grabbed some media attention in recent weeks, as new data was published. Read More...
 
Businesses reminded over final payment submissions
HMRC is reminding business they need to be thinking about final preparations for their last Full Payment Submission (FPS) or Employer Payment Summary (EPS) of the year. Read More...
 
A million taxpayers miss filing deadline
About 1.1 million taxpayers missed the deadline to file their self-assessment tax returns and pay tax that was owed, HMRC has estimated. Read More...
 
March Questions and Answers
Q: I run a relatively new business. Our employer National Insurance contributions are quite modest at this point, standing at £13,900 annually so far since we set up. I'm aware that various changes are set to come in soon but could you please summarise wh Read More...
 
March Key Dates
19th - 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...
 
Several tax-related changes to take effect
A number of tax changes are set to take effect in April, with National Insurance contributions for employers and a facet of Capital Gains Tax among them. Read More...
 
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D.R.E. & Co. Accountants are based in Oswestry, 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 dre.co.uk for more information.
 

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