Latest News

6 January 2025

HMRC’s bookkeeping shake-up: New rules for 2025 and beyond!

As the 2025/26 tax year approaches, it brings several significant changes to HM Revenue & Customs’ (HMRC’s) rules that will…

6 January 2025

Confusion on savings interest – HMRC weighs in

HM Revenue & Customs (HMRC) has clarified that if your earnings from interest exceed £10,000, tax may apply depending on…

6 January 2025

Become an eco-conscious business – Taking advantage of Climate Change Agreements

Taking advantage of green tax reliefs is a good way to reduce how much Climate Change Levy tax (CCL) your…

6 January 2025

Sole traders – Is there a benefit to van ownership?

As a sole trader, it is only natural to look for opportunities to save money and maximise your earnings. One…

6 January 2025

What are the risks with directors’ loans?

A director’s loan is money taken out of a company by a director that is not a salary, dividend, expense…

6 January 2025

Is 2025 your year to incorporate? Here are our top tips

Nearly 900,000 companies were incorporated in 2024 – an 11.2 per cent increase compared to 2023. More entrepreneurs are recognising…

5 December 2024

Employee Ownership Trusts – Your key to a tax-efficient exit?

If you are looking to plan your exit from your business, whether for retirement or to start your next venture,…

5 December 2024

Are you claiming the right office-based expenses?

Claiming allowable expenses when calculating taxable profit as a self-employed business owner is an important step in preparing your tax…

5 December 2024

I am unable to pay my Income Tax bill – What can I do?

Sometimes, paying your tax bill on time can be difficult when costs are high. If you miss a payment deadline…