Will the minimum wage rise push graduate workers into unexpected student loan repayments?
21 Jan 2025
The upcoming rise in the National Minimum Wage to £12.21 per hour from April has prompted fresh challenges for businesses, especially when managing graduate employees in non-graduate roles.
How tax wrappers can mitigate the impact of rising Capital Gains Tax
16 Jan 2025
The Autumn Budget brought unwelcome news for investors, with the Government announcing immediate increases to Capital Gains Tax (CGT) rates.
What are the risks with directors’ loans?
16 Jan 2025
A director’s loan is money taken out of a company by a director that is not a salary, dividend, expense reimbursement or money that has previously been paid into or loaned to the company. A record of money borrowed or
Sole traders – Is there a benefit to van ownership?
16 Jan 2025
As a sole trader, it is only natural to look for opportunities to save money and maximise your earnings. One effective strategy is to consider buying a van, as sole traders can benefit from tax deductions on business-related expenses through
Become an eco-conscious business – Taking advantage of Climate Change Agreements
16 Jan 2025
Taking advantage of green tax reliefs is a good way to reduce how much Climate Change Levy tax (CCL) your business pays. To get these reliefs, your business will need to operate in a more environmentally friendly way. Any business
Confusion on savings interest – HMRC weighs in
16 Jan 2025
HM Revenue & Customs (HMRC) has clarified that if your earnings from interest exceed £10,000, tax may apply depending on the account type. This clarification came when a customer reached out to the tax authority on X to see if
HMRC’s bookkeeping shake-up: New rules for 2025 and beyond!
16 Jan 2025
As the 2025/26 tax year approaches, it brings several significant changes to HM Revenue & Customs’ (HMRC’s) rules that will impact your business operations, financial reporting, and tax management. Here is a quick rundown of the new rules that are
Is 2025 your year to incorporate? Here are our top tips
16 Jan 2025
Nearly 900,000 companies were incorporated in 2024 – an 11.2 per cent increase compared to 2023. More entrepreneurs are recognising the benefits of limited companies. The advantages of limited companies include limited personal liability, mitigated taxation and greater exposure to
Charging company electric vehicles – Costs, reimbursements, and tax implications
14 Jan 2025
With the rise of electric vehicles (EVs), many company directors and employees charge their cars at home.
Is your business environmentally sustainable? Why going green can improve your bottom line
9 Jan 2025
For business owners, sustainability might have been something viewed as a nice-to-have or a PR exercise in the past, but because the regulatory landscape is changing fast, businesses that do not get ahead of these changes risk being left behind.
