6 May 2025

Is your remuneration strategy still tax-efficient in 2025/26?

Business owners who pay themselves through a combination of salary and dividends should revisit their remuneration strategy this tax year.  …

6 May 2025

Capital allowances: Full Expensing vs AIA vs Writing-Down Allowances

Capital allowances allow businesses to claim tax relief on money invested in assets like machinery, equipment, or certain vehicles used…

2 April 2025

Too many businesses falling into VAT traps

VAT is complex, and too many businesses are making costly, avoidable mistakes. Even a simple oversight or misunderstanding can lead…

2 April 2025

900,000 sole traders pulled into MTD for ITSA

The Government has confirmed that Making Tax Digital (MTD) for Income Tax will apply to sole traders and landlords earning…

2 April 2025

Labour introduces harsher penalties for late taxpayers

The Chancellor’s Spring Statement introduced harsher penalties for late taxpayers under Making Tax Digital for Income Tax Self Assessment (MTD…

2 April 2025

Should you submit your tax return at the start of this tax year?

Submitting your Self-Assessment tax return at the start of this tax year is a great way to manage your tax…

2 April 2025

Why capital allowances should be top of your to-do list this April

The new financial year will see many of the proposed changes announced in the Autumn Budget enacted, impacting businesses across…

2 April 2025

Change to dividend reporting to affect thousands of owner-managed businesses

From 6 April 2025, many directors will need to report dividend income in much more detail in their Self-Assessment tax…

26 March 2025

Spring Statement 2025

[spring-statement-2025]