Should you submit your tax return at the start of this tax year?
Submitting your Self-Assessment tax return at the start of this tax year is a great way to manage your tax bill effectively. The earlier you file a re…
News
Why capital allowances should be top of your to-do list this April
The new financial year will see many of the proposed changes announced in the Autumn Budget enacted, impacting businesses across the country. These ch…
Change to dividend reporting to affect thousands of owner-managed businesses
From 6 April 2025, many directors will need to report dividend income in much more detail in their Self-Assessment tax return. This change will affect…
A delicate balancing act
In her first Budget in October 2024, Rachel Reeves promised that there would only be one ‘fiscal event’ each year – she would not make significa…
HMRC sends letters as next phase of MTD edges closer
From April 2026, the way you report your income tax will change. HM Revenue & Customs (HMRC) is introducing Making Tax Digital (MTD) for Income Ta…
Planning your exit? Watch out for the BADR changes
If you are thinking about selling your business, timing could be everything. Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’…
Paying your employees will cost you more after 6 April
From 6 April 2025, changes to employer National Insurance Contributions (NICs) will take effect, increasing payroll costs for many businesses. If you …
Planning for the new tax year
As the end of the tax year approaches, it is a good time to review your personal tax position and ensure you are making the most of available allowanc…
Time is running out to check for gaps in your State Pension!
If you have had career breaks, worked abroad, or earned below the National Insurance (NI) threshold, you could have gaps in your State Pension. HM Rev…
Will Trump’s tariffs impact your business?
President Trump’s tariff proposals are creating uncertainty in global markets. While the UK has not been directly targeted yet, British businesses c…