The deadline for voluntary National Insurance (NI) contributions is fast approaching, leaving you with little time to fill gaps in your NI record to maximise your state pension. Read More »Six months left – Are you missing out on increasing your state pension?
Lifetime ISAs (LISAs) have become a popular way to save for a first home or retirement, offering a 25 per cent Government bonus on contributions. … Read More »How to avoid Lifetime ISA withdrawal penalties from HMRC
For months, there was speculation that the upcoming Budget could bring major changes to pension tax relief, specifically a move towards a flat rate of… Read More »What pension tax reforms could we see in the October Budget?
As the Government seeks to plug certain gaps in the public purse, we are unlikely to see any change in Income Tax thresholds – despite… Read More »Fiscal drag and tax thresholds: What does it mean for you
For business owners and directors, dividends may form a critical element of your salary strategy and tax planning, keeping your tax liabilities to a minimum.… Read More »With Income Tax unlikely to change, is it worth altering your dividend-based salary strategy?
As the Autumn Budget approaches, the Government has pledged that it will “make the tax system fairer” and avoid raising taxes on working people and… Read More »Labour pledges to avoid raising taxes ‘on working people’
Taxpayers have a fundamental right to reclaim input tax, also referred to as input VAT. However, HMRC has the authority to refuse this right under… Read More »How to protect your business from Kittel VAT risks
Capital allowances are a great way to reduce your tax liabilities by claiming deductions on certain property-related expenses. They allow you to offset the cost… Read More »Capital allowances for property owners explained
Labour’s Autumn Budget is just around the corner (30 October) and many businesses are uncertain of what the next few years may hold for them.… Read More »Is it time to restructure your business?
Labour shortages, particularly in the hospitality sector, are creating significant challenges for many businesses this year. Managing your costs while trying to maintain service quality… Read More »Financial strategies for businesses facing labour shortages
