Tax

Tightening the reins on ‘side hustles’ – Navigating HMRC’s new powers

by Charlie Flockhart
January 3, 2024January 3, 2024

HM Revenue & Customs (HMRC) is now using new powers granted to them by the Government to target a key area of tax evasion – online traders.Read More »Tightening the reins on ‘side hustles’ – Navigating HMRC’s new powers

What tax benefits do hybrid vehicles offer businesses?

by Charlie Flockhart
December 19, 2023December 19, 2023

Hybrid vehicles are becoming an increasingly attractive option for businesses.

Implications for businesses amid soaring pension tax relief

by Charlie Flockhart
December 13, 2023December 13, 2023

Recent statistics reveal a significant increase in the amount of annual pension tax relief, exceeding £50 billion for the first time.

Understanding Inheritance Tax and the implications for your finances

by Charlie Flockhart
December 7, 2023December 7, 2023

Inheritance Tax (IHT) can be a sensitive and uncertain topic when discussing with loved ones, but it is something that cannot and should not be avoided.

Understanding Capital Gains Tax on property investments

by Charlie Flockhart
December 6, 2023December 6, 2023

Investing in property can be a lucrative venture, but it’s essential to understand the implications of Capital Gains Tax (CGT) on these investments to protect your investments from unexpected costs.

Year-end tax planning strategies for #SmallBusinessSaturday

by Charlie Flockhart
November 30, 2023November 30, 2023

As we approach the 31 January 2024 tax return deadline, it’s crucial for sole traders, to be well-prepared and aware of your obligations.

How SMEs should prepare for and handle tax investigations

by Charlie Flockhart
November 28, 2023November 28, 2023

Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting the fact that HM Revenue & Customs (HMRC) has ramped up its interest in this area.