Still time to repay private fuel costs and avoid tax charge
Use a company car for personal trips? Avoid a hefty tax charge by reimbursing your...
Still recording your accounts on spreadsheets?
For small and medium-sized enterprises (SMEs), adopting accounting software offers a range of practical benefits...
Statutory Redundancy rights
Redundant? You could receive up to £30,000 tax-free, whether it’s statutory pay or a better...
State benefits taxable and non-taxable
Many people rely on state benefits, but it is not always obvious which payments are...
State Benefits – What is taxable and what is not
Not all state benefits are tax-free! Some, like the State Pension and Carer’s Allowance, are...
Starting or changing jobs
Providing the right information when you start a new job helps ensure your tax code...
Spring Statement Summary March 2025
Spring Statement 2025: Key Tax Measures and Modernisation Initiatives
Chancellor Rachel Reeves’ Spring Statement 2025, delivered...
Spring Statement 2026
The Chancellor, Rachel Reeves has confirmed that she will deliver the Spring Statement to the...
Spreading tax payments by using Time to Pay
Can’t pay your tax bill in full by 31 January 2025? HMRC’s online Time to...
Sources of funding for small businesses
Starting or growing a small business often requires capital, but securing the right funding can...
Small duty cuts on draught products from 1 February 2025
From 1 February 2025, alcohol duty on draught pints has been cut for the first...
Should you incorporate your business?
Deciding whether to incorporate your business in the UK involves evaluating several key factors:
Limited Liability...
Sharing income from jointly held property
The standard tax treatment for couples living together, whether married or in a civil partnership...
Shared home ownership
Shared home ownership offers a more accessible route to owning a home for those who...
Seven year rule still applies – IHT PETs
There are specific rules regarding the liability to Inheritance Tax (IHT) on gifts made during...
Setting up a payroll scheme
Registering for payroll is essential when hiring staff. From HMRC registration to legal compliance, getting...
Set up your tax app with HMRC
The free HMRC tax app now provides quick access to tax codes, income history, self-assessment...
Selling your UK home and living abroad
If you live abroad and sell your UK home, you may have to pay Capital...