Self Assessment • VAT • Corporation Tax Your complete guide to understanding HMRC charges and how to avoid them HMRC has wide-ranging powers to impose financial penalties on individuals and…
Gifts Gifts are tax free to employees if they are non cash, cost £50 or less and are not part of a contractual entitlement or recognition of performance. Any gifts…
If you’re thinking of putting a vehicle through a limited company there are several key tax considerations around company cars, benefit-in-kind (BIK) tax, allowable expenses, and VAT treatment. 1. Ownership:…
In an increasingly digital world, the security of financial data has never been more crucial. As cyber threats continue to evolve in both complexity and frequency, safeguarding sensitive financial information…
A guide to the Spring Budget Statement 2024The headline message from the ChancellorThe Chancellor delivered his last spring budget ahead of the election highlighting reforms aimed to ensure the tax…
A guide to the Autumn Statement 2023(including key announcements from the Spring Budget coming into effect next year)The headline message from the ChancellorThe Chancellor delivered his Autumn Statement for Growth…
Limited companies pay Corporation Tax on their profits. The rate has been 19% for many years but this changed on 1 April 2023. From this date, small businesses with profits…
What can I claim as self employed expenses 2023? Mobile Phone You can claim your Mobile Phone as a self employed expense - If you use your mobile phone for…
What do I need to do when setting up a new company? Should I set up as a Limited Company? When you start your own business, there are many things…
In the Spring Budget 2023, the Chancellor, Jeremy Hunt, highlighted that “In the autumn we took difficult decisions to deliver stability and sound money… Today, we deliver the next part…