What happens if tax reliefs for SMEs and farms are cut in the impending Budget?
It is the world’s worst-kept secret at this point, but if you have not already heard, the Budget is approaching and is likely to be “painful”.
Six months left – Are you missing out on increasing your state pension?
The deadline for voluntary National Insurance (NI) contributions is fast approaching, leaving you with little time to fill gaps in your NI record to maximise your state pension.
How to avoid Lifetime ISA withdrawal penalties from HMRC
Lifetime ISAs (LISAs) have become a popular way to save for a first home or retirement, offering a 25 per cent Government bonus on contributions. However, if you withdraw money for anything other than these specific purposes, you could face
What are PAYE Settlement Agreements and how can they benefit employers?
PAYE Settlement Agreements (PSAs) are a convenient tool for employers, allowing them to cover the tax and National Insurance contributions (NICs) on specific benefits provided to employees.
How SMEs can capitalise on continued optimism
Optimism is on the rise among small and medium-sized enterprises (SMEs) for the third consecutive year. According to recent research from banking firm American Express, nearly seven in 10 business leaders are feeling confident about the future of their companies,
IFRS S1 and S2 and the future of ESG reporting standards
Sustainability has become a core part of how businesses are expected to operate, whether we like it or not. You might think that all the talk about environmental, social, and governance (ESG) issues is only relevant to big corporations or
What if Inheritance Tax is affected by the 2024 Autumn Budget?
In our latest blog, we continue our look ahead to the 2024 Autumn Budget and how it could affect taxpayers.
Boosting confidence in tough times – How SMEs can adapt to financial challenges
The burden on small and medium-sized enterprises (SMEs) is already quite heavy due to the current economic climate, but it may worsen in the coming months, with potential changes to Capital Gains Tax (CGT) being considered in the October Budget.
How to effectively manage business expenses and improve profitability
Effective expense management is key to driving profitability in any business.
Gifts out of surplus income – A smart way to reduce Inheritance Tax
Making financial gifts during your lifetime is a thoughtful way to provide for your loved ones while also reducing your estate’s exposure to Inheritance Tax (IHT).
