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
When you’re self-employed, keeping track of essential dates and deadlines can be challenging. One crucial date to remember is 5 October 2024, which is the… Read More »Reminder – The deadline to register for Self-Assessment is approaching
The furnished holiday lettings (FHL) tax regime is set to be scrapped from April 2025, with draft legislation already on the table. If you own… Read More »Repeal of furnished holiday lettings tax regime – Last chance for capital allowance claims
While we’ve made meaningful progress in the global energy transition, the pace is still too slow. The charity Accounting for Sustainability (A4S) and Aviva Investors… Read More »Why your business needs to prioritise sustainable practices now
