Insights

News

Image
December 18, 2023

NIC reforms for the self-employed


Categories:

National insurance contribution (NIC) changes for the self-employed announced in the Autumn Statement come in from 6 April 2024 and will be welcome news. But the reforms don’t go far enough to offset the continuing cost of frozen tax thresholds.

Read More
Image
December 15, 2023

What is working capital finance and how can it improve cashflow?


Categories:

Sometimes businesses find themselves without enough working capital. In this blog, we look at what working capital finance is available and the benefits of them to your business.

Read More
Image
December 11, 2023

The decline of trusts


Categories:

The number of trusts filing self-assessment tax returns for 2021/22 was 37% lower than for 2003/04. The decline comes as no real surprise given the eroding advantages of using a trust and the recent requirement to register trusts with HMRC.

Read More
Image
December 4, 2023

Updated tax guidance for electric company car charging


Categories:

HMRC has updated its guidance to clarify that there is no taxable benefit when an employer reimburses employees who charge their electric company cars at home. Previously, HMRC maintained that the relevant exemption did not apply.

Read More
Image
November 27, 2023

VAT registration goes online only


Categories:

HMRC is moving ahead with its ‘digital by default’ ambition by pushing VAT registration to online only. Any business unable to use the online registration service will have to call HMRC’s VAT helpline to obtain a paper registration form.

Read More
Autumn Statement 2023
November 22, 2023

Autumn Statement 2023 – What it means for your business


Categories:

Today, Chancellor Jeremy Hunt delivered his Autumn Statement. The Chancellor said this Autumn Statement included 110 measures to “Help grow the British economy and back British business”, but were today’s announcements in line with this promise?

Read More
Image
November 20, 2023

Handy hints ahead of self-assessment


Categories:

The 31 January 2024 deadline for submitting a 2022/23 self-assessment tax return is not far off, especially for those not yet registered.

Read More
Image
November 13, 2023

Free property alerts for landlords


Categories:

Landlords in England and Wales might not be aware, but there is a free property alert service that monitors any significant activity on let property.

Read More
Image
November 6, 2023

An uncertain future for the Triple Lock


Categories:

State pension increases could be outpacing inflation next April, and there’s no guarantee of the Triple Lock surviving the next election.

Read More
Image
October 30, 2023

Energy efficiency targets shelved


Categories:

The government’s backtracking over the introduction of energy performance targets for property let out in England and Wales is facing criticism, but it will be welcome news for landlords.

Read More
Image
October 23, 2023

Farewell to inheritance tax?


Categories:

There are now reports that the March 2024 Budget will include a reduction to the 40% IHT rate as a prelude to future abolishment.

Read More
Image
October 9, 2023

Deferring your state pension


Categories:

Most people draw their state pension as soon as it becomes available, but If you do not make that claim your state pension is automatically deferred until you choose to claim it.

Read More

Search by