Tax Advisors Examine the Impact of the 2023 Autumn Statement

Wednesday, November 29th, 2023

What does it mean for you and your business? Here at Copia Wealth & Tax, our team of tax advisors think that Jeremy Hunt’s Autumn Statement on 22 November 2023 appeared in some respects to be a bit of a pre-election give-away, being billed as a focus on reducing debt, cutting tax, and rewarding hard […]

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Maximising tax savings – Watch out for corporation tax traps

Wednesday, October 25th, 2023

In this article, we focus on the traps and opportunities arising from the increase in corporation tax rates from April 2023, together with potential changes to R&D tax credits that will have a significant downside for SMEs. Understanding the impact of associated companies on corporation tax As we have previously reported, from 1 April 2023, […]

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Reminders About Your Tax Return

Friday, September 29th, 2023

As tax accountants, we prefer to be ahead of the game and encourage our clients to get matters sorted well ahead of the statutory deadlines. Here are some timely reminders about when a tax return is needed and the benefits of getting it completed early. Do you need to file a Self-Assessment Tax Return? There […]

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Managing key person risk, audit compliance thresholds, and the Child Benefit trap

Thursday, August 31st, 2023

Here at Copia Wealth & Tax, we recognise the importance of tax planning. This month, we also discuss managing the reliance on key people given that this can prove to be business critical. In addition, as it is also easy to miss the fact that your organisation has grown to exceed the parameters, we have […]

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Extended deadlines and a useful inheritance tax reminder

Wednesday, July 26th, 2023

Copia Wealth & Tax is committed to keeping our clients well-informed about essential deadlines and providing timely reminders on key financial matters. In this article, we highlight some extended deadlines for Help to Save and NI contribution top-ups, along with a crucial reminder about additional inheritance tax relief for homeowners. Help to Save Scheme Extended […]

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Using HMRC rates to your advantage

Friday, June 30th, 2023

Here at Copia Wealth & Tax, we like to focus on helping our clients to reduce their costs, especially tax, to a minimum, obviously within the rules! This month we are focusing on a couple of areas where there may be opportunities to put a bit more money in yours and/or your employees’ pockets by […]

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Artificial Intelligence, Rent-a-Room Relief & Self Assessment Scams

Monday, May 29th, 2023

This month, we will discuss new HMRC warnings that Self-Assessment customers must continue to be very wary of potential scams, revisit the rent-a-room relief scheme, and even discuss how artificial intelligence (“AI”) could help your business.  We like to help keep our clients at the forefront of things here at Copia Wealth & Tax, so […]

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How resilient is your organisation in these tough times?

Thursday, April 27th, 2023

At Copia Wealth & Tax, we recognise that times are currently tough for a lot of our clients and contacts across a variety of sectors – so our team of team of business advisers are exploring what you as a business owner can do to ease the pain and what we can do to help […]

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Jeremy Hunt’s first Spring Budget – what opportunities and pitfalls arise?

Wednesday, March 29th, 2023

Here at Copia Wealth & Tax, your Wolverhampton tax experts, we believe the main focus of the Budget was on managing inflation and government debt, encouraging people who have left the job market to return to work and also increasing business investment.  The Chancellor resisted pressure from his own MPs to reduce taxes, no doubt […]

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Get your full state pension and start planning for a rise in Corporation Tax rates

Wednesday, February 22nd, 2023

At Copia Wealth & Tax we like to take a pro-active approach to tax planning, highlighting changes to rules, regulations, and tax rates to ensure our clients can maximise their position. In this article, we highlight some areas well worth planning for, including state pension entitlement, corporation tax rises, charity grants and the revised business […]

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