by T
| May 24, 2025
| Blog
, News
, Uncategorized
From 1st June 2025, HMRC is updating its Advisory Fuel Rates (AFRs) – the official rates businesses can use to reimburse staff for business journeys in company cars or for employees to repay private mileage costs. These changes might seem small, but they can have a...
by T
| Apr 21, 2025
| Blog
, News
, Uncategorized
If you’re a business owner or self-employed individual, staying on top of tax deadlines is about to become even more crucial. From 6 April 2025, HMRC increased its late payment interest rates by 1.5 percentage points across all taxes, following a change in...
by T
| Mar 28, 2025
| Blog
, News
, Uncategorized
What It Means for You and Your Business On 26 March 2025, Chancellor Rachel Reeves delivered the UK’s Spring Statement, outlining economic plans to tackle slower growth and rising costs. While big tax changes are expected in the Autumn Budget, several key...
by T
| Jan 13, 2025
| Blog
, News
, Uncategorized
It’s that time of year again! The self-assessment tax return deadline is just around the corner, and here at GnC Accounting, we’re here to help small businesses and freelancers in West London get everything sorted on time. The key date to remember is 31st January...
by T
| Dec 17, 2024
| Blog
, News
, Uncategorized
The 31st January deadline for self-assessment tax returns is fast approaching, and it’s crucial to file on time to avoid penalties. At GnC Accounting, we’re here to make the process simple, accurate, and stress-free. Why is the 31st January Deadline Important? If you...
by T
| Nov 2, 2024
| Blog
, News
, Uncategorized
The UK Autumn Budget 2024 introduced by Chancellor Rachel Reeves contains several significant changes impacting pensions, taxes, and household support measures: State Pension: The triple lock on pensions remains, leading to a 4.1% rise in state pension payments from...
