Dominik Stepien ACMA CGMA

My first time visiting Accountex London today and a great opportunity to pause, reflect and challenge the way we currently do things. Also interesting to think about the positive impact that AI will have on the profession. #Accountex #ExCelLondon #AI

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Another Blog with some tips around exams. This particular blog surrounds ACCA exam tips. Have we missed any? Let me know in the comments... https://lnkd.in/eGevZE5b

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HM Revenue and Customs (HMRC) have updated their guidance on what qualifies as ordinary commuting and private travel for tax purposes to include hybrid or flexible working. Want to know more? https://buff.ly/3UNi82N #privatetravel #commuting #HMRC #tax #flexibleworking #hybrid

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🔍 Have you checked your tax code? 📝 Before each tax year begins on April 6th, HM Revenue and Customs (HMRC) issues new tax codes to employees, typically reflecting any changes in circumstances. These codes, comprised of letters and numbers, ensure the correct amount of tax is deducted from your pay. But what if your tax code isn't accurate? Your tax code notice outlines crucial details, like your annual tax-free personal allowance. Let's decode those numbers and letters: 🔢 Numeric Component: Reflects your tax-free income for the year. For instance, 1257L means £12,570 is tax-free. 🔤 Letter Component: Indicates specific circumstances, like: L: Basic tax-free allowance M: Transferred marriage allowance K: Additional deductions, like underpaid tax or benefits in kind It's vital to ensure your tax code is spot on to avoid over or underpaying tax. If you suspect any errors or need adjustments due to personal changes or income updates, don't hesitate to contact HMRC for a review. Need assistance with your tax code? Crouchers Ltd is here to lend a hand! Don't hesitate to reach out – we're more than happy to help ensure your taxes are in order. 📞💼 #TaxCode #HMRC #CrouchersLtd

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Employees are pushing for coverage of their commuting expenses as employers push for office working. In this article, Zyla Accountants explores HMRC's updated guidelines for reimbursing travel costs for hybrid workers. Millions of people across the UK (England, Scotland and Wales) will now be able to request flexible working arrangements that fit their other commitments and needs after the Flexible Working Bill gained royal assent in July 2023. Find out more about the guidance here: https://lnkd.in/e3Ek6s7i #wfh #myquickcloud #remoteworking #hybridworking #hmrc

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National Technical Director, Andrew Parkes, discusses how HMRC’s ability to gather information has evolved and advanced in recent decades, as well as how this has facilitated HMRC’s recent crackdown on holiday let landlords, in Taxation. Follow the link below to read Andrew's article in full. #Tax #HMRC #Landlords https://lnkd.in/gXnrndX4

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