Has your Christmas party exceeded HMRC rules? Check now!!
With the annual Christmas party behind us, now is the time to count the costs to ensure there is no […]
Tax
Property – Annual Tax on Enveloped Dwellings
ATED is an annual tax payable mainly by companies that own UK residential property valued at more than £500,000. You’ll
Are you declaring your rental income?
There are still cases “coming out of the woodwork” where properties are being let out, but rents are not being
The annual staff Christmas Party – watch for any tax implications
As a business owner, it is only natural to consider things from a financial perspective. One example is planning your
Capital Gains and losses?
The current annual capital gains exempt amount is £3,000. However, we may see this alter in the October budget. Be
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
HMRC Anti-avoidance campaigns
HMRC is keen to close the “tax gap”, and one of their “tactics” is direct letters to individuals they suspect
Do parents pay tax on their children’s savings?
If you’re a parent and want to put some money into your child’s savings account, there are some strict rules
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