Branagans Accountancy Services Ltd

Helpful HMRC App for Students! 📲 Planning to start university this September? HMRC's app can be a lifesaver, providing essential info like your National Insurance number and tax details, crucial for your student finance applications. If you're applying for student finance – Fee Loans, Maintenance Loans, or Maintenance Grants – for the 2024/25 academic year, start your application NOW to ensure it's processed in time. Find out more here ⬇️ https://lnkd.in/ej2a3Erp #HMRC #BranagansAccountancyServices #BranagansAccounting #AccountingProfessionals #AccountingServices #FamilyBusiness #BusinessGrowth #FinancialExperts

No one likes paying more tax than necessary, but if you don't comply with HMRC's rules, you could face penalties and interest if issues aren't resolved promptly. Read our guide on common fines from HMRC and how to avoid them 🔗 https://lnkd.in/ePfC-Hzy #BranagansAccountancyServices #BranagansAccounting #AccountingProfessionals #AccountingServices #FamilyBusiness #BusinessGrowth #FinancialExperts #HMRC #Tax

Streamline Your Payroll with Branagans Accountancy Services! Managing payroll and keeping up with changing legislation can be overwhelming for many businesses. Let Branagans Accountancy Services, your trusted accountants, handle your RTI Payroll, including Auto Enrolment. 📊📅 Outsourcing to us not only eases the burden but also ensures cost-effective, tailored solutions for your business. Focus on what you do best, and leave the payroll to us! 💼 Find out more here: 🔗 https://lnkd.in/ejKDtDZX #Payroll #AutoEnrolment #BranagansAccountancyServices #BranagansAccounting #AccountingProfessionals #AccountingServices #FamilyBusiness #BusinessGrowth #FinancialExperts

🌟 Welcome to our June 2024 Newsletter! 🌟 This month, learn about common HMRC fines and how to avoid them, the impact of rising house prices on Stamp Duty Land Tax (SDLT), and how Business Relief can help reduce record-high Inheritance Tax (IHT). Plus, check out HMRC's new app for easy access to your tax info—perfect for students! Stay tuned for tips and updates from Branagans Accountancy Services! 🌟 #BranagansAccountancyServices #TaxTips #HMRC #StampDuty #InheritanceTax #FinanceApps #HMRCapp

Stamp Duty Land Tax is a major burden for UK property buyers, applying to purchases over £250,000. Rising property prices and unchanged thresholds mean more people are paying it each year. In Q1 2024, only 25.5% of transactions were under this threshold, down from 62.5% in 2014. Almost half of property purchases were between £250,000 and £500,000, with buyers paying an average of £9,038 in SDLT. Plus 21.3% of first-time buyers now pay SDLT, and Buy-to-Let transactions have fallen, reducing rental availability and increasing rents. Find out more about why some people are calling for changes to Stamp Duty Land Tax ⬇️ https://lnkd.in/eBWEjyh6 #BranagansAccountancyServices #BranagansAccounting #AccountingProfessionals #AccountingServices #FamilyBusiness #BusinessGrowth #FinancialExperts #StampDutyLandTax #SDLT

The UK Treasury collected a record £7.5 billion in Inheritance Tax (IHT) for 2023/24, up from £7.1 billion last year. Rising property prices are a major factor, with the average house price now at £288,949. Despite unchanged IHT thresholds since 2009/10, more families are affected. Your estate faces a 40% IHT if it exceeds £325,000. However, you can have up to £500,000 tax-free if you include the Residential Nil Rate Band for passing your home to children. You can also use any unused allowance from your spouse. Find out how Branagans Accountancy Services can help you can reduce your IHT liability here: https://lnkd.in/eqncvnZ4 #InheritanceTax #EstatePlanning #BranagansAccountancyServices #BranagansAccounting #RotherhamAccountants #AccountingProfessionals #AccountingServices #FamilyBusiness #BusinessGrowth #FinancialExperts #BusinessRelief

🔔 This month, around 650,000 pensioners face taxes on their pensions for the first time. The State Pension got a big 8.5% boost, but static tax thresholds mean more people are caught in the tax net. Key tip: Check your tax code with your accountant to ensure you're not overpaying. Last quarter alone, over £42m was repaid to overtaxed pensioners. For more information read our blog: https://lnkd.in/dwawk6Cj Need help? Contact us at 📞 01709 327 215 or ✉️ [email protected]. #PensionTax #TaxAlert #RetirementFinance #BranagansAccountancyServices #BranagansAccounting #RotherhamAccountants #AccountingProfessionals #AccountingServices #FamilyBusiness #BusinessGrowth #FinancialExperts

In this month's newsletter! Learn about new taxes due to hit 650k UK pensioners due to State Pension increase and unchanged tax thresholds. Understand more why you should review your tax code as HMRC updates annually. A heads up to weekly workers who may face extra taxes in 2024/25. And learn about the draft 'Tipping Act' which aims for fair tip distribution. ⬇ ⬇⬇

We are back open after the Spring Bank Holiday weekend. If you're wanting to stay on top of your financial obligations, contact a member of our team at Branagans Accountancy Services! At Branagans, we're not just accountants; we're your strategic partners in navigating the complexities of financial management, ensuring your business thrives. We can help you with: ▪️ Corporation Tax ▪️ Self Assessment ▪️ VAT Returns ▪️ Personal Tax And plenty more! Visit our website or feel free to contact us at ☎️ 01709 327 215 or ✉️ [email protected] learn more about all the services we offer: https://lnkd.in/diUXTxHX #BranagansAccountancyServices #BranagansAccounting #RotherhamAccountants #AccountingProfessionals #AccountingServices #FamilyBusiness #BusinessGrowth #FinancialExperts

Branagans Accountancy Services will be closed over the Spring Bank Holiday Weekend! We will be back open as normal on Tuesday 28th May If you need any accounting support in the mean time, contact our team! ➡️ https://lnkd.in/eyiDcWmQ #BankHoliday #BranagansAccountancyServices #BranagansAccounting #RotherhamAccountants #AccountingProfessionals #AccountingServices #FamilyBusiness #BusinessGrowth #FinancialExperts