Capital Gains Tax: What do you need to know?
Posted on November 8, 2022 Posted in - Blog, Latest News, SME, Tax
Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset.
Author: Lamont Pridmore
How to protect your business from inflation
Posted on November 4, 2022 Posted in - Business News
Soaring rates of inflation at the moment leaves many business owners facing real problems. If they increase their prices, they risk losing customers, but if they peg prices, they put their profits and
How to keep workplace gifts tax-free this Christmas
Posted on November 4, 2022 Posted in - Business News
The season of goodwill is just around the corner as Christmas approaches. It is a time of year when employers look to reward their staff for their efforts throughout the year. But they
IR35 rules – What they are and why they matter
Posted on November 4, 2022 Posted in - Business News
The status of IR35 or off-payroll working has caused some confusion since the repeals to reforms put forward by former Chancellor Kwasi Kwarteng were subsequently scrapped by new Chancellor Jeremy Hunt. IR35 is
New rules to address the soaring cost of card payment fees
Posted on November 4, 2022 Posted in - Business News
Card payments rocketed during the pandemic and that trend has continued since then. According to figures from the British Retail Consortium (BRC), card payments account for four out of every five payments made.
When can you take a dividend from your business?
Posted on November 4, 2022 Posted in - Business News
If you are an owner of a limited company, taking money out of your business using dividends is a mainstay of effective tax planning, thanks to an additional £2,000 annual allowance and lower
Time to rethink your property portfolio? What you need to consider
Posted on November 4, 2022 Posted in - Business News
Investing in property can still provide a strong return, but it needs careful planning to achieve the best outcomes. Just buying new properties without a clear strategy would be risky. While it is
New VAT penalty regime – What do you need to know?
Posted on November 4, 2022 Posted in - Blog, Business Blog, VAT, VAT and MTD
HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time.
Avoiding obstacles with the Construction Industry Scheme
Posted on November 3, 2022 Posted in - Blog, Business, SME
Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs (HMRC).
Supporting staff through the cost-of-living crisis
Posted on November 1, 2022 Posted in - Blog, SME, SMEs / Business, Tax
Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to offer a pay rise.