Latest News
A new VAT penalty system is now in effect
A major overhaul of VAT penalties came into effect on 1 January 2023. This new approach changes how penalties are ...
Understanding and improving your balance sheet
Keeping on top of your business’s financial health is critical to its success. A great place to start is by ...
Should I take a salary or dividends as a small business owner?
If you own a small business and are also a shareholder director, you may be wondering whether to take a ...
Tax considerations for gifting to grandchildren in the UK
For many individuals in the UK, gifting to grandchildren can be a great way to reduce their tax burden. But ...
Improving your business finances in 2023 and beyond
Every business needs sound financial planning and oversight in order to thrive. With the new tax year just around the ...
Take advantage of the super deduction allowance – before it’s gone
Businesses are being advised that time is running out to be able to take advantage of the Corporation Tax super-deduction ...
Implementation of MTD for ITSA delayed for two years
The Government has announced a two-year delay and further changes to the rollout of its Making Tax Digital for Income ...
Income tax thresholds freeze – What it means for you
You could see your Income Tax bill increase significantly in 2022-23 because of a freeze on Income Tax thresholds announced ...
What is the ultimate goal of your business?
Planning for the future is essential when running a business and you should have a perspective of where you want ...
R&D relief slashed – Time to plan
Chancellor Jeremy Hunt has announced a series of changes to the UK research and development (R&D) tax credit regime, including ...
