How the Non Dom Abolition and Golden Visa Revival Affect UK Businesses
Since 6 April 2025, the UK has dismantled the historic non dom tax status, ushering in a residence based regime: […]
Personal Tax
The 60% tax trap
Apparently, over half a million taxpayers paid a marginal tax rate of 60% in 2022/23! This 60% tax rate does
Cash basis or accruals basis?
From April 2024, cash basis accounting, where income or costs are recorded at the date the money is either received
Do you know the amount of your January 2025 self-assessment tax bill?
Knowing how much needs to be paid gives you time to budget and ensure the funds are in place. Leaving
Pre Budget tax planning and actions
Care is needed if you are undertaking and actions prior to the budget at the end of October to avoid
IHT – Inheritance Tax
Nearly £6bn of Inheritance Tax (IHT) was collected in the 2021/22 tax year according to the latest Government figures –
Paying your tax…
What happens if you don’t pay your taxes when they become due? It is crucial to contact HMRC as soon
Directors Loans
All too often, directors treat the company bank account as if it were their own personal funds, and just help
Are you paying dividends legally?
It is common for a limited company to remunerate the directors/shareholders via a combination of dividends and salary. A dividend
Do you need to register for self–assessment?
HMRC provide an online tool to enable you to check if you need to send a SA return. If you