The rates for the National Living Wage (for those aged 23 and over) and the National Minimum Wage (for those of at least school leaving age) will increase from 1 April 2021. The rates increase every April and the current and new rates are set out below. Age 23 &...
Tax Director Angela Keery considers the Spring Budget. The Chancellor had a difficult balancing act to perform with this budget, supporting people, jobs and businesses through the Covid 19 pandemic whilst looking to the future. Mr Sunak has again made it clear with...
For businesses that took advantage of the opportunity to defer VAT payments for the period from 20 March to 30 June 2020, the deadline for making the repayment is 31st March 2021. Alternatively, they can opt in to the newly announced HMRC payment scheme and pay the...
This week, we catch up with Tax Manager, Chris Bradley. Chris joined Baker Tilly Mooney Moore in 2020, with a specialist knowledge of personal tax compliance, pension planning, incorporations and residency issues. “I had just started with Baker Tilly Mooney Moore...
If love is in the air for you this Valentine’s day, there may be some tax benefits to consider: With regards to Inheritance Tax, gifts given in consideration of marriage or civil partnership may be exempt from taxation. These include: The first £5,000 of a gift by a...
This week, we’re catching with up with Graduate Tax Trainee, Ciara Mallon. Ciara began working for Baker Tilly Mooney Moore in 2020 and has had a very busy January, dealing with the personal tax deadline for the first time! “Before graduating from Queen’s University...
