Insurance companies have united to step up efforts to crack down on fraudsters seeking to manipulate the UK insurance market with bogus claims and duping innocent people into buying fake insurance policies.In 2023 alone, 84,400 fraudulent claims worth £1.1 billion were detected by the Association of British Insurers (ABI), a 16% increase in the number of…
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Tax Diary November/December 2024
1 November 2024 - Due date for Corporation Tax due for the year ended 31 January 2024.19 November 2024 - PAYE and NIC deductions due for month ended 5 November 2024. (If you pay your tax electronically the due date is 22 November 20244.)19 November 2024 - Filing deadline for the CIS300 monthly return for…
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Budget summary 30 October 2024
The long awaited, much anticipated and dreaded first Budget of the new Labour government was delivered to Parliament today - 30 October 2024 - by the Chancellor, Rachel Reeves.We now know where the funds will come from to finance investment and growth, and the vaunted tax increases are no longer speculative, we have the detail. The…
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100 days to the 2023-24 self-assessment filing deadline
HMRC have kindly reminded us - their online post of 23 October refers - that there are approximately 100 days (to 31 January 2025) to prepare and file a 2023-24 self-assessment (SA) tax return.In their post they say:"More than 3.5 million taxpayers have already beaten the clock and submitted their returns. HMRC is reminding others that starting…
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