Staying up to date with MTD for ITSA

In December 2022, the plans for Making Tax Digital for Income Tax Self-Assessment changed again, as the Government announced that instead, MTD ITSA would be introduced in mandatory phases from 6 April 2026, as opposed to 2024.

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How businesses can navigate and avoid tax disputes with HMRC

Tax disputes can be a significant drain on resources for any business, and with recent data suggesting that over 60 per cent of businesses are currently embroiled in a tax dispute with HM Revenue & Customs (HMRC) that has lasted

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Beneficiaries could see inherited pensions taxed as new proposals by HMRC are published

Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it is exempt from Inheritance Tax and Income Tax if it is under the Lifetime Allowance (LTA).

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Understanding ESG investments – What should you know?

The financial landscape in the UK, as well as globally, is in a constant state of change.

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Ensuring your small business is prepared for the future

In the ever-changing business landscape that we see today, merely reacting to events as they occur is not enough.

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Exit strategies – What should you consider for when the time comes?

Exiting a business is a significant milestone for any entrepreneur or business owner.

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Understanding salary and dividend payments for business owners and directors

As an owner or director, it may be possible for you to pay less tax on your income from your company through dividends.  

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Is cloud accounting the future for businesses?

In the world of entrepreneurship and small businesses, technology continues to revolutionise the way we manage our operations.

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Key factors to consider when starting a business

Setting up a new business is not merely about innovative ideas or immense passion. It also demands careful planning and research.

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Preparing your business for the summer

If you run a business in a tourist hotspot, you need to get prepared for the summer.

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