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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
What is the most tax-efficient salary choice for you after the Budget?
Directors have the ability to draw income from a business in several ways, including through the extraction of profits from […]