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Posted on: 17th April 2023

Like many other taxes, inheritance tax (or IHT) allowances have been frozen. This sounds generous of the chancellor at a time when the government is strapped for cash. But it actually means that we are paying more.

Posted on: 27th March 2023

Corporation Tax is going up from April 1st. But in a less well-publicised change to company tax rules, the next tax year will also see existing definitions of group companies replaced by an expanded definition for ‘associated...

Posted on: 31st January 2023

The new tax year starts 6 April 2023, so you have a couple of months to consider your options, once we pass this date the majority of the tax planning options for Income Tax and Capital Gains Tax purposes will cease unless actioned before the 6...

Posted on: 5th December 2022

How HMRC assesses profits for sole traders and partnerships who use an accounting date between 6 April and 30 March will change from 6 April 2023. This change will not affect companies.

Posted on: 18th November 2022

In this article, we have summarised everything you need to know from the Autumn Statement, delivered by Jeremy Hunt on Thursday 17th November 2022.

Posted on: 24th October 2022

HMRC is encouraging business owners, employers and the self-employed to check online to make sure they are not missing out on a range of tax reliefs and allowances.

Posted on: 11th July 2022

Making Tax Digital (MTD) for Income Tax will apply to sole traders, property landlords and certain other businesses with gross turnover and/or property income over £10,000 a year and will commence in April 2024.

Posted on: 20th June 2022

HMRC have issued guidance for VAT-registered business and their agents on how to avoid penalties for non-compliance with the Making Tax Digital for VAT (MTD) rules.

Posted on: 13th June 2022

Prepare your payroll for the National Insurance changes in July 2022

Posted on: 8th April 2022

HMRC has recently updated their internal guidance in their Employment Income Manual to deal with situations where employees are travelling between home and their office