Calling all content creators and influencers! The rules around the trading allowance, and income and capital gains have not changed. However, there does seem to be a lot of confusion about when and how people need to pay tax on additional income or gains from selling items online or earning money through social media content….

This year, Michael and I have decided that rather than sending out Christmas cards to our clients, we shall make a donation to the Salvation Army Christmas Appeal 2024. We would like to wish all our clients a really wonderful Christmas and every blessing for a happy, healthy and prosperous 2025. May God bless you…

NATA Autumn 2024 Budget tax briefing

NATA is delighted to announce that we now have two offices – in Ashington and Morpeth.  Please note that client meetings are by appointment only as we are just two full time staff members working across both offices. We also have a new staff member – our Staff Welfare Officer, Riley – who is based…

The Spring Budget was definitely a pre election budget. The key points are as follows: 2% reduction of the class 1 national insurance for employees from 10% to 8% from April 2024 – four weeks time!  (I pity the payroll software providers!) 2% reduction of the class 4 national insurance for self employed from 8%…

Our office will shut at 5pm on thursday 21st December and will reopen on Wednesday 3rd January 2024. May we wish you all a really wonderful Merry Christmas and all the best for a happy, healthy and prosperous New Year. May God bless you all

Did you manage to catch the details of what the Chancellor of the Exchequer, Jeremy Hunt, said yesterday?   Changes in NI, permanent full expensing for capital purchases and a big hike in the national minimum wage, were just a few of the key items. HMRC have prepared a summary which we have cut and pasted…

Wishing all our clients and families a Happy Easter. We hope you all have a really lovely Easter bank holiday weekend. Please note that our office is closed for this period and will re-open on Monday 17th April 2023. Have a great time!  

Were you listening with bated breath to Mr Jeremy Hunt’s Spring Statement yesterday? At the bottom of this blog we have put the link to the Executive Summary of the Spring Statement 2023 on HMRC’s website.  But it is quite a heavy read so we have put below some of the key points: News for…

Are you planning to claim your UK state pension?  Do you know what UK state pension you will be entitled to receive? If individuals have not contributed enough prior to reaching state pension age, they may not be able to claim state pension, or receive the full state pension amount. To protect state pension and other…