Making Tax Digital for Income Tax: What You Need to Know About MTD for ITSA From April 2026, Making Tax Digital for Income Tax Self...

💼 2024 Autumn Budget: What the NIC Changes Mean for Employers The 2024 Autumn Budget delivered some tough news for UK employers. With...

Self Employed (Sole Trader) : What You Can (and Can’t) Deduct from Tax One of the most common questions from our Self Employed clietns is...

Salary sacrifice is an arrangement where an employee agrees to forgo a portion of their gross salary in exchange for certain benefits...

" " (MTD) for VAT is a UK government initiative designed to simplify the tax process for businesses. It mandates that businesses must...

Capital Gains Tax (CGT) is due on "profit" made when you sell or dispose of an asset that has increased in value. If you sell a...

Beyond the main commercial compentents of any Limted company sale, if the sale proceeds are paid in one intial payment and the remainder...

From May 1, 2024, Companies House will implement new fees as part of updates following the Economic Crime and Corporate Transparency...

Chancellor Jeremy Hunt has cut workers' National Insurance from 10% to 8% The higher rate of capital gains tax on residential property...

From 1 January 2024 HMRC's involvement with OECD (Organisation for Economic Co-operation and Development) will mean that Digital...

The 2023 Autumn Statement was fairly light on any real content, so below is a summary of the few points that are relevant to individuals...

Recently passed legislation (The Economic Crime and Corporate Transparency Act) meaning that there will soon be a requirement for small...

For the 2023/2024 Tax year if your earnings are between £100,000 and £125,140, the loss of the personal allowance could mean you end up...

As the National Insurance Contribution (NIC) employment allowance (see earlier blog post) is not available to companies where the sole...

This article provides an overview of the Enterprise Investment Scheme (EIS), the qualifying conditions and the benefits of EIS relief for...

Drivers of electric and low-emission cars are taxed less than those with expensive, high-emission models. Employers can provide...

As widely expected and in distinct contrast to the ill fated mini budget, today the current chancellor Jeremy Hunt announced wide ranging...

In the UK families where there is only a single earner are often more heavily taxed than where there are multiple earners. For example,...

With each new tax year comes a fresh set of tax allowances and reliefs available. So to prevent you having to navigate through the myriad...

The Covid-19 restrictions saw many employees starting to work from home and when we (hopefully) return to the much over quoted “new...