Business owners who pay themselves through a combination of salary and dividends should revisit...
In the Press
Capital allowances: Full Expensing vs Annual Investment Allowance vs Writing-Down Allowances
Capital allowances enable businesses to claim tax relief on money invested in assets like...
New rules, new pressures
From April 6, 2025, employer National Insurance Contributions (NICs) are rising from 13.8 per...
Too many businesses falling into VAT traps
VAT can be a complex subject, and too many businesses are making costly, avoidable...
Additional 900,000 sole traders pulled into MTD for Income Tax
The Government has confirmed that Making Tax Digital (MTD) for Income Tax will apply...
Labour introduces harsher penalties for late Self Assessment taxpayers
The Chancellor’s 2025 Spring Statement introduced harsher penalties for late taxpayers under Making Tax...
Should you submit your 2024/25 Self Assessment return at the start of this tax year?
Submitting your 2024/25 Self Assessment return at the start of this tax year is...
Why capital allowances should be top of your to-do list this April
Why capital allowances should be top of your to-do list this April The new...
Change to dividend reporting to affect thousands of owner-managed businesses
From 6 April 2025, many directors now need to report dividend income in much...
