Making financial gifts during your lifetime is a thoughtful way to provide for your loved ones while also reducing your estate’s exposure to Inheritance Tax (IHT).
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 to keep up to date with the advisory fuel rates set out by HM Revenue and Customs (HMRC). Read more…
With this week being National Payroll Week, it’s a great time to explore how businesses manage their payroll and if they are being effective enough. Read more…
As we approach the Autumn Budget on 30 October, speculation is rife about potential changes that could impact taxpayers across the UK. Read more…
Running an owner-managed business, you wear many hats, and one of the most daunting can be managing your finances. Are you feeling overwhelmed by a sea of numbers and paperwork? Do cash flow
We’ve all become increasingly savvy when it comes to identifying scams, yet this hasn’t deterred fraudsters, who are finding new ways and schemes to trick businesses into parting with their hard-earned profits.
Plans are underway to scrap the furnished holiday lettings (FHL) tax regime starting from April 2025, with draft legislation now available. So, if you have a holiday home, now might be the time
As more people turn their passion for breeding and selling animals into a source of income, HM Revenue & Customs (HMRC) will be writing to people to ensure that those involved in these activities are paying the correct tax.
You may have recently received correspondence from HM Revenue & Customs (HMRC) asking you to check if you need to pay the High Income Child Benefit Charge and to double-check the amount if you have already paid.
As a business owner, managing your income well is vital for sustaining both your business’s health and your personal finances. Read more…
