Our Blog

The basis of assessment reforms will change the way trading income is allocated to tax years. The changes will affect sole traders and partnerships that

The Economic Crime and Corporate Transparency Bill has completed its initial journey through the House of Commons and the House of Lords and is now

You can usually claim tax relief for your private pension contributions. There is an annual allowance for tax relief on pensions of £60,000 for the

If you have taxable income of less than £17,570 in 2023-24 you will have no tax to pay on interest received. This figure is calculated

Fraudsters often try to take advantage of the 31 July deadline for submitting tax credits renewal information. The fraudulent emails, texts or calls claim to

The transfer of a business as a going concern (TOGC) rules concern the VAT liability on the sale of a business. Normally the sale of

The annual exempt amount applicable to Capital Gains Tax (CGT) has been reduced to £6,000 (from £12,300) for the new 2023-24 tax year. CGT is

In some circumstances, it can be beneficial to make voluntary National Insurance Contributions (NICs) to increase your entitlement to benefits, including the State or New

Are you aware of the recent changes to Capital Gains Tax (CGT) reliefs? From April 2023, the annual exempt amount for CGT will be reduced

Corporation Tax rates are going up as of April 2023. The UK government has announced an increase in the main Corporation Tax rate to 25%

There are now less than 2 weeks to file your 2021-22 Self-Assessment tax return. Last year over 12.5 million taxpayers were required to complete a

This is breaking news and was announced yesterday.  Making Tax Digital was supposed to be in by 2024 for the self-employed and landlords, but this