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May Tax Tips & News

Welcome to the Derek Young & Co, 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!

Treasury collects £10bn extra in Business taxes
It has been revealed that companies across the UK have paid £95.2 billion in Business taxes in the financial year just finished (23/24) - a rise of £10.3 billion compared to the year before. Read More...
Tax penalty fears for pensioners as millions ‘dragged into net’
Baroness Ros Altmann, a leading campaigner on pensions, has highlighted her fears after figures showing that the number of pensioners liable for tax have doubled in the last 14 years. Read More...
New employment rights kick in
Business owners need to be aware of a batch of new laws that have just taken effect covering employees' rights. Read More...
HMRC helpline axe saga rumbles on as closure looms again
The saga over whether HMRC will axe its tax helpline continues to rumble on, with the latest comments suggesting it may still close after all. Read More...
May Questions and Answers
Q: I've started a new job quite recently with a hybrid working arrangement. I work from home 3 or 4 days per week, Read More...
May Key Dates
5th Companies House fees are increasing due to the recent introduction of the ECCTA. Read More...
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