Disclaimer: This blog uses information that may be out of date – check our latest blogs for current information. As a business owner in the UK, managing your finances can be a daunting task. From keeping accurate records to filing tax returns, there are many… Read More »Why using an external accountant is good for your company.
Disclaimer: This blog uses information that may be out of date – check our latest blogs for current information. In the United Kingdom, the tax system is based on the principle of paying taxes based on one’s income and wealth. The UK tax system is… Read More »United Kingdom Tax Rules: A Comprehensive Guide
Disclaimer: This blog uses information that may be out of date – check our latest blogs for current information. What is tax avoidance? Some people try to bend the rules of the tax system to pay less tax than they should. How to spot tax… Read More »Tax avoidance – don’t get caught out
Disclaimer: This blog uses information that may be out of date – check our latest blogs for current information. The Monetary Policy Committee voted on 3 November 2022 to increase the Bank of England base rate to 3%. HMRC interest rates are linked to the Bank… Read More »Interest Rate Increase to 3% & HMRC Late Payment Changes
Disclaimer: This blog uses information that may be out of date – check our latest blogs for current information. At the height of the wedding season, HMRC is reminding married couples and people in civil partnerships to put extra cash at the top of their… Read More »HMRC Urges married couples to use “Marriage Allowance”
Disclaimer: This blog uses information that may be out of date – check our latest blogs for current information. Many customers are yet to renew their tax credits ahead of the deadline, with HM Revenue and Customs (HMRC) reminding them to do so by 31… Read More »Tax credits customers have until end of July to renew
Disclaimer: This blog uses information that may be out of date – check our latest blogs for current information. In the last few years, there has been an increasing number of ‘early-bird’ customers filing their completed Self Assessment tax returns at the start of the… Read More »Self Assessment Returns
Disclaimer: This blog uses information that may be out of date – check our latest blogs for current information. Chancellor Rishi Sunak has recently delivered his Spring Statement announcing a number of tax cuts to Parliament to deal with the cost of living crisis. Inflation… Read More »Tax Cuts in Spring Statement
Disclaimer: This blog uses information that may be out of date – check our latest blogs for current information. An income tax freeze set to bring in an additional £13bn. The freeze in income tax thresholds and rising inflation means the Treasury will collect £13… Read More »Income Tax Freeze
Disclaimer: This blog uses information that may be out of date – check our latest blogs for current information. Owners of second homes who take advantage of a tax loophole by claiming their additional often-empty properties are holiday lets will have to follow new measures,… Read More »Govt. closes second-home tax loophole