Blog

22-10-2024
The impact of extending the Income Tax threshold freeze
A recent report from the Financial Times has indicated that Chancellor Rachel Reeves may extend the freeze on Income Tax thresholds.   This will likely be announced in
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17-10-2024
What happens if tax reliefs for SMEs and farms are cut in the impending Budget?
It is the world’s worst-kept secret at this point, but if you have not already heard, the Budget is approaching and is likely to be “painful”.   Tax
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16-10-2024
Could the Budget affect dividend tax? A closer look at potential impacts
Dividends have long been an important income stream for investors, business owners, and retirees alike.   However, with the Government facing financial pressure to plug gaps in the
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11-10-2024
How to avoid Lifetime ISA withdrawal penalties from HMRC 
Lifetime ISAs (LISAs) have become a popular way to save for a first home or retirement, offering a 25 per cent Government bonus on contributions.   However, if
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10-10-2024
What pension tax reforms could we see in the October Budget?  
For months, there was speculation that the upcoming Budget could bring major changes to pension tax relief, specifically a move towards a flat rate of tax relief
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02-10-2024
What are PAYE Settlement Agreements and how can they benefit employers?
PAYE Settlement Agreements (PSAs) are a convenient tool for employers, allowing them to cover the tax and National Insurance contributions (NICs) on specific benefits provided to employees.  
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26-09-2024
IFRS S1 and S2 and the future of ESG reporting standards
Sustainability has become a core part of how businesses are expected to operate, whether we like it or not.   You might think that all the talk about
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25-09-2024
How changes in tax receipts and National Insurance may affect you 
With tax and National Insurance (NI) receipts making headlines, many people are understandably concerned about what this means for their tax obligations.   Recent data from HM Revenue
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17-09-2024
HMRC updates bank details for tax payments – What businesses need to know 
Keeping up with tax payments is something every business owner knows is important.   On that note, HM Revenue & Customs (HMRC) has recently updated its payment details
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12-09-2024
How to effectively manage business expenses and improve profitability
Effective expense management is key to driving profitability in any business. Whether you're a small start-up or an established company, keeping a close eye on costs can
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11-09-2024
Is setting up a limited company as a freelancer the right move for you?
If you’re enjoying the freedom and flexibility that comes with freelancing, you might be wondering if it’s time to take the next step and set up a
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05-09-2024
HMRC cut advisory company car fuel rates – What does this mean for your business? 
If your business reimburses employees for business travel in their company cars or if employees are required to repay fuel costs for private travel, it is important
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