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01/07/2024

July Tax Tips & News

Welcome to the Boon and Worth Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

Battle lines drawn on tax – but is there a ‘conspiracy of silence?’

You’ve probably heard a fair bit about tax so far in this General Election campaign, with many claims and counter-claims thrown around by the major parties. How do we know what to really make of it? Read More...

Budget will loom following General Election result

Once the votes are all counted and we know who the winners and losers are in this year’s General Election on 4 July, minds will start turning to the implementation of the policies promised by the incoming party. Read More...

Tax lost to error and ‘failure’ rises – four years on from digital tax

Whilst the main focus of the nation in terms of tax talk has all been about the General Election, some very interesting figures have been published this month by HMRC. Read More...

As Euro 2024 kicks off, tax spotlight takes a Football focus

Whilst many of you will have been tuned in to watch Europe’s top footballing nations battle it out in Euro 2024 in Germany, back in the UK there has been some attention on a rarely discussed aspect of the beautiful game – tax. Read More...

July Questions and Answers

I'm a business owner. I've recently purchased new equipment for my business costing £74,000. Specifically, could you explain how the Annual Investment Allowance (AIA) works for the 2024/25 tax year and how I can claim it for these purchases? Read More...

July Key Dates

6 July – final deadline for businesses for filing P11Ds for employees Read More...

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