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01/03/2024

March 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!

£38million of tax overpayments refunded

Have you overpaid on your pensions tax? HMRC has released information showing that £38million worth of repayments were issued to thousands of savers (aged 55 and over) in the final quarter of 2023. More than 12,000 reclaim forms were processed. Read More...

Budget to bring tax and mortgage changes?

It's nearly that time again when the Chancellor of the Exchequer rises to his feet to address the House of Commons to deliver the latest Budget. Read More...

Scammers target self-employed with fake tax refund promise

A surge of bogus tax refund phishing scams is feared by HMRC officials. The Government body has warned self-employed people to watch out for fraudsters who are likely to want to target the 11.5 million or so who have just recently sent in their Self-Asse Read More...

Record Self-Assessment returns, but estimated 1m miss deadline

The record number of taxpayers submitting Self-Assessment tax returns was beaten in January, it's been revealed, with a new high of 11.5million being reached. That's quite some number! Read More...

March Questions and Answers

My brother has recently suffered a severe accident during which he has suffered damage to his eye. His vision has been badly affected. It's not yet clear how much of his sight he will recover and how long term the problem is. Looking at the worst-case sce Read More...

March key tax dates

1st – Due date for Corporation Tax payment for companies with a year-end 31 May Read More...

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