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).
HMRC cut advisory company car fuel rates – What does this mean for your business?
If your business reimburses employees for business travel in their company cars or if employees are required to repay fuel costs for private travel, it is important to keep up to date with the advisory fuel rates set out by
What if the Chancellor increases Capital Gains Tax? A look ahead to the Budget
As we approach the Autumn Budget on 30 October, speculation is rife about potential changes that could impact taxpayers across the UK.
How to protect your business from HMRC-related scams
We’ve all become increasingly savvy when it comes to identifying scams, yet this hasn’t deterred fraudsters, who are finding new ways and schemes to trick businesses into parting with their hard-earned profits.
Have you paid the right amount of High Income Child Benefit Charge for 2022/23?
You may have recently received correspondence from HM Revenue & Customs (HMRC) asking you to check if you need to pay the High Income Child Benefit Charge and to double-check the amount if you have already paid.
Tax planning tips for minimising dividend tax liability
As a business owner, managing your income well is vital for sustaining both your business’s health and your personal finances.
Hiring graduates? Here’s what you need to know about payroll management
It is the time of year when the job market is populated with new graduates, fresh from receiving their university results, and a great time for your business to pick out a talented new hire.
Simple assessment letters sent to 560,000 taxpayers – What You Need to Know
HM Revenue & Customs (HMRC) is reaching out to around 560,000 individuals over the next few weeks regarding their tax obligations.
The benefits of AI for businesses
With the rapid adoption of Artificial Intelligence (AI) across various industries, businesses are increasingly integrating AI into their operations.
Paying tax on time – The importance of timely tax payments
It goes without saying that submitting tax payments promptly is a necessity for businesses, not only to remain compliant but also to avoid unnecessary fines and penalties.
