Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it is exempt from Inheritance Tax and Income Tax if it is under the Lifetime Allowance (LTA).
Read More »Beneficiaries could see inherited pensions taxed as new proposals by HMRC are published
The Government has recently updated some elements of the Research and Development (R&D) tax relief application process.
The financial landscape in the UK, as well as globally, is in a constant state of change.
Read More »Understanding ESG investments – What should you know?
With the summer holidays nearly here, small businesses, especially in the hospitality industry, face a distinct set of challenges.Read More »Adapting your business plan for the summer
There can be nothing more frustrating for business owners than waiting on payments from clients.Read More »How businesses can tackle late payments while preserving business relationships
Mergers and acquisitions (M&A) are often completed to gain market share, increase revenue, or expand business amongst many other things.
Read More »Preparing your business for a merger or acquisition
Whether you’re the owner of a limited company or a sole trader, it is important to understand the expenses you can claim and the tax savings that these expenses bring.
Read More »What expenses can limited companies and sole traders claim?
Exiting a business is a significant milestone for any entrepreneur or business owner.
Read More »Exit strategies – What should you consider for when the time comes?
The Construction Industry Scheme (CIS) is a Government initiative that allows contractors in the construction industry to deduct money from a subcontractor’s payments and pass it on to HM Revenue & Customs (HMRC). Read More »An overview of the Construction Industry Scheme and what it means for your business
Navigating job expenses can seem daunting at first glance. There are a plethora of rules and regulations that can leave employees feeling overwhelmed.Read More »Understanding and navigating job expenses
