Miss these various dates at your peril!

Friday, January 27th, 2023

Here at Copia Wealth & Tax, your Wolverhampton tax accountants, we like to make sure our clients do not miss important dates and deadlines, so here are some timely reminders to put in your diary. Self-assessment deadline day The deadlinedate to file your 2021-22 Self-Assessment tax return is imminent.  Last year over 12.5 million taxpayers were […]

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Another month……another Budget and more tax to pay!

Wednesday, December 14th, 2022

In this month’s article from Copia Wealth & Tax, Wolverhampton our tax advisors focus on the tax measures announced by the Chancellor in his recent Autumn Statement which included “eye-watering” cuts in public spending and tax rises for those with the ‘broadest shoulders.’ Let us hope this is the last Budget until March – but […]

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The mini-Budget – all change……again!

Friday, October 28th, 2022

It has been an astonishing few weeks in Westminster all of which has succeeded in creating yet more areas of uncertainty for those of us trying to run a business. Following on from last month’s Copia Wealth & Tax newsletter, following the new Chancellor’s latest announcements (Mr. Hunt for those who cannot keep up), we […]

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A mini – Budget packing a big punch!

Friday, September 30th, 2022

Our tax team here at Copia Wealth & Tax have reviewed the so-called mini-Budget of 23rd September which was clearly designed to give a boost to the UK economy via a series of major tax cuts. The main announcements have been summarised below and will impact both individuals and businesses. Income tax The basic rate […]

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Please do not get caught out by these proposed tax changes!

Wednesday, August 31st, 2022

Here at Copia Wealth & Tax Limited, we help our clients keep their tax bills down with expert tax planning. This time, we look at changes to the basis of assessment for the self-employed which could lead to extra tax in 2023-24 as well as those of soon-to-be divorcees. Finally, we include a timely reminder […]

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COVID support overclaims and maximising childcare allowances

Friday, July 29th, 2022

Here at Copia Wealth & Tax, we help clients maximise their income in the most tax-efficient way. Unfortunately, unlike with the furlough scheme, under the COVID-related Self-Employed Income Support Scheme (“SEISS”) tax agents were excluded from being involved in claims leaving the self-employed to navigate its eligibility criteria for themselves. In this article, we focus […]

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Innovate your business and get a tax refund!

Thursday, June 30th, 2022

Here Copia Wealth & Tax, our tax advisors have seen many clients get substantial tax refunds against their costs of innovation. With that in mind, this month, we have included some of the important criteria associated with this area, and where applicable, make suggestions as to the savings that may be made. As always, to […]

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Do not miss your “super” tax deduction

Monday, May 30th, 2022

Here at Copia Wealth & Tax, one of our aims is to ensure that when tax planning, our clients take full advantage of any tax deductions that may be available. In this article, we focus on the super-deduction capital allowances available until March 2023 on purchase of new plant and machinery – it makes sense […]

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Concentrate on that which you can control!

Friday, April 29th, 2022

Here at Copia Wealth & Tax, as business advisors we recognise that these are unprecedented times with the remaining impact of the COVID pandemic, BREXIT hangover, increased energy costs, and now the desperately sad and awful Ukraine crisis. It is easy to get bogged down because of one or more of these issues if your […]

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The Chancellor’s Spring Statement – what does it all mean for you?

Wednesday, March 30th, 2022

At Copia Wealth & Tax, we recognise the importance of keeping our clients fully informed about the latest developments that could affect them and/or their business. Hence, we have provided a summary of the announcements made by Rishi Sunak on 23rd March in his Spring Statement, delivered against the backdrop of the growing cost of […]

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