4 good reasons to beat January’s self-assessment tax return deadline
Posted by Karen Jones on December 4, 2024January’s self-assement tax return deadline is almost here. But don’t wait until then to do it – this year it’s important to do it early!
HMRC releases new guidance on ‘Managed Service Companies’
Posted by Karen Jones on December 3, 2024HMRC has issued new guidance on Managed Service Companies. It’s important that you don’t use these structures as you will face penalties.
Hire an accountant – and boost revenue by 11.5%!
Posted by Jon Pryse-Jones on November 28, 2024New research has found that, if you hire an accountant, your SME will boost revenue by an average of 11.5% – yet over 20% of firms don’t!
Limited company: Paying yourself a salary
Posted by Mark Ingle on November 28, 2024Structuring your business as a limited company can often be a good choice for the self-employed. But, when you as the business owner can set your own salary, how much should it be?
Company car tax rates to rise
Posted by Karen Jones on November 25, 2024In her Autumn 2024 Budget, the chancellor announced hikes to company car tax rates. Hybrid vehicles will attract the biggest increases.
Do accountants need to be registered? Don’t find out the hard way!
Posted by Ben Locker on November 25, 2024If you’ve ever asked yourself, “Do accountants need to be registered?” you may have been shocked by the answer. So, what safeguards are there?
Inheritance Tax investigations net HMRC record sums
Posted by Karen Jones on November 22, 2024HMRC is opening more Inheritance Tax investigations than ever – and raking in record sums. We take a look at why this is happening – and how.
Tax refunds and investigations – a brief guide
Posted by Karen Jones on November 20, 2024In this article we take a look at tax refunds and investigations and, in particular, the time limits that apply to both.
Agricultural Property Relief changes – the ‘Tractor Tax’ explained
Posted by Mark Ingle on November 14, 2024In the Autumn 2024 Budget, the Chancellor announced changes to Agricultural Property Relief – leading some to dub it the ‘Tractor Tax’.
Double cab pick-up tax rules change – again
Posted by Mark Ingle on November 11, 2024In the Autumn Budget, the government again changed the double cab pick-up tax rules, making these vehicles more expensive for businesses.