We are delighted to be able to welcome all of our friends back to our first face to face seminars since 2020. Coincidently, the subject of our last, pre Covid seminar, was the 2020 Budget, a lot has changed since then! Registration Link Lisburn 21 March Registration Link Lurgan 22 March We anticipate that Jeremy…
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Xero Demo Video
Xero have kindly helped us to produce a Co Branded video. It briefly demonstrates how Xero can help you streamline your finance function, we hope that you enjoy it. [embed]https://mcclearyaccountants.com/videos/McCleary-Company-Ltd-Xero-demo.mp4[/embed]
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Tax Diary October/November 2024
1 October 2024 - Due date for Corporation Tax due for the year ended 31 December 2023.19 October 2024 - PAYE and NIC deductions due for month ended 5 October 2024. (If you pay your tax electronically the due date is 22 October 2024.)19 October 2024 - Filing deadline for the CIS300 monthly return for…
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Gifts and Inheritance Tax
Most gifts made during a person's lifetime are not subject to tax at the time of transfer. These gifts, known as "potentially exempt transfers" (PETs), can become fully exempt if the donor survives for more than seven years after making the gift.If the donor passes away within three years of the gift, the inheritance tax…
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Higher rate relief pension contributions
You can typically claim tax relief on private pension contributions up to 100% of your annual earnings, subject to certain limits. Tax relief is applied at your highest rate of income tax, meaning:Basic rate taxpayers receive 20% pension tax reliefHigher rate taxpayers can claim 40% pension tax reliefAdditional rate taxpayers can claim 45% pension tax…
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Do not miss out on Home Responsibilities Protection
HMRC together with the Department for Work and Pensions (DWP) have issued a press release urging tens of thousands of people to check if they are eligible to boost their State Pension utilising Home Responsibility Protection (HRP).This HRP scheme has helped protect parents' and carers' State Pension. HRP reduces the number of qualifying years a person with…
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