News

Changes to inheritance tax were announced in the Budget that have caused consternation to farmers and business owners across the UK.

The headline message from the Chancellor The Chancellor delivered her long-awaited Budget highlighting reform of tax systems, public spending and tax increases, including Employers’ NIC.

As a small business owner, it’s easy to get caught up in the day-to-day operations and miss the bigger picture.

Every successful business begins with a compelling idea, but not all ideas translate into viable businesses.

HM Revenue and Customs (HMRC) have published draft legislation and a policy paper outlining the proposal for the abolition of the furnished holiday lettings (FHL)

The election results are in and the Labour party won the country’s mandate to form a new parliament.

Understanding what constitutes a business journey for tax purposes in the era of hybrid working is crucial. HM Revenue and Customs (HMRC) has recently updated

HM Revenue & Customs have recently updated and clarified their guidance on training costs paid by the self-employed. The general rule for whether the cost

The headline message from the Chancellor The Chancellor delivered his last spring budget ahead of the election highlighting reforms aimed to ensure the tax system

The Office of National Statistics released official figures last week showing the UK is now officially in recession. Gross domestic product (GDP) for the October

Employers should be aware that all minimum wage rates increase on 1 April of each year. For 2024, these increases are substantial. The increases apply

The Economic Crime and Corporate Transparency Act received royal assent on 26 October 2023 and will introduce a number of changes over the next few

The headline message from the Chancellor: The Chancellor delivered his Autumn Statement for Growth aimed at building a stronger and more resilient economy. He highlighted

Do you have a side income? If you do then you are probably aware of the requirement to disclose this on your Self-Assessment tax return.

Is Your Business Registered with The Information Commissioner’s Office? The Information commissioner is an independent body set up to uphold information rights. Data Protection Regulations

Workplace Charging Scheme The aim of the Workplace charging Scheme is to help with the transition to electric vehicles by accelerating the provision of chargepoints

Self-Assessment threshold to rise in 2023/2024 How will these changes affect you – HMRC has announced that starting from the tax year 2023 to 2024

As businesses struggle with rising costs in general taxation, council tax, energy and other utilities, planning has never been more critical to controlling overheads and

The headline message from the Chancellor The Chancellor highlighted that “In the autumn we took difficult decisions to deliver stability and sound money… Today, we