In a move to simplify tax compliance and boost the economy, the Government has announced that the Income Tax Self-Assessment (ITSA) reporting threshold will rise from £1,000 to £3,000.
Read More »Welcome news for thousands as Income Tax reporting threshold set to increase
Director’s loans can be a useful way to access company funds, but if not managed properly, they can lead to unexpected tax liabilities.
Read More »The tax traps of director’s loans – How to avoid unnecessary charges
If you own an electric or low-emission vehicle, you have likely enjoyed the benefit of paying zero road tax.
Read More »Road tax changes for electric vehicles – How to secure an extra 12 months tax-free
For individuals and business owners looking to preserve wealth for future generations while maintaining control over their assets, Family Investment Companies (FICs) are an alternative option to trusts.
Read More »Could a Family Investment Company help you manage tax and protect wealth?
We notice that few people take advantage of these special rules and we thought we would bring it to your notice as there is till… Read More »TAX free non-cash vouchers
If you are thinking about selling your business, timing could be everything. Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’ Relief, helps business owners… Read More »Planning your exit? Watch out for the BADR changes
From 6 April 2025, changes to employer National Insurance Contributions (NICs) will take effect, increasing payroll costs for many businesses. If you employ staff, it… Read More »Paying your employees will cost you more after 6 April
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… Read More »Why you need to meet with your accountant before April
Upcoming changes to Inheritance Tax (IHT) will be phased in over the next two years. With property values rising and the IHT nil-rate thresholds remaining… Read More »Upcoming Inheritance Tax changes that could affect you
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… Read More »Time is running out to check for gaps in your State Pension!
