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UK PM Liz Truss under pressure over tax cuts
Following market instability and to head off an anticipated rebellion within the ruling Conservative Party, the newly elected Liz...
Oct 14, 2022


Government's Fiscal Tightrope: Balancing the Budget Through Cuts
Kwasi Kwarteng will need to find £60bn of savings by 2026 to fill the gap left by unfunded tax cuts
Oct 13, 2022


What is IR35 and What are IR35 Rules?
IR35 is a piece of legislation that requires contractors and enterprises to pay the correct amount of tax. So, how do these tax rules...
Oct 11, 2022


Health and Social care levy on National Insurance and Dividend Tax
How will the governments plans to revert the NI rise and scrap the health and social care levy affect your take home pay?
Oct 8, 2022


Dividend tax - rates and thresholds 2022/23
How much tax will I pay on my dividends? A limited company must pay Corporation Tax on its taxable profits (19% in 2022/23). It does not...
Oct 6, 2022


What is SEIS - Seed enterprise investment scheme
What is the SEIS? The Seed Enterprise Investment Scheme (SEIS) is a scheme created by the government in 2012/13 to complement and follow...
Sep 29, 2022


Crypto losses – claiming tax relief to reduce current and future tax bills
Many crypto investors are suffering as a result of the recent value decline. While many analysts believe the market will recover, with...
Sep 28, 2022


Mini Budget – what it means for small businesses
The planned increases in corporation tax and national insurance have been scrapped, the investment cap for the Seed Enterprise Investment...
Sep 27, 2022


Bank of England 'will not hesitate to change interest rates as necessary' after the pound's fall
Sterling lost about 5% of its value on Monday, falling to $1.0327 before stabilizing at about $1.08. The markets reacted poorly to the...
Sep 27, 2022


The UK to reverse payroll tax rise from Nov. 6
From November 6, the United Kingdom will reverse a payroll tax increase-Kwarteng LONDON, Sept 22 (Reuters) - British finance minister...
Sep 23, 2022


Understanding the UK pension system
Our comprehensive guide to the UK pension system explains how pensions in the UK work for ex-pats, including UK state pension rates to...
Sep 21, 2022


The Uk Employment Allowance Explained
For the tax year 2022–2023, the Employment Allowance enables some firms with employees to pay up to £5,000 less in annual National...
Sep 17, 2022


The UK Corporation Tax: Everything You Need to Know
Understanding corporation tax in the United Kingdom can be complex since it is not only complicated but also unique to each organization....
Sep 16, 2022


Non-domiciled Status explained
UK residents who have their permanent home outside the UK may not have to pay UK tax on foreign income.
Sep 7, 2022


Making tax digital (MTD)for income tax guidance
Making Tax Digital for Income Tax is a new way of reporting property and self-employment income to HMRC.
Sep 6, 2022


Tax avoidance promoter directors named for the 1st time
The most recent action to help protect the public has named tax avoidance bosses for the first time. To warn clients to leave the firms'...
Sep 1, 2022


HMRC's Crackdown on Firms Underpaying £1.4bn Through IR35
According to HMRC, large corporations underpay £1.4 billion in employment taxes by claiming "hidden employees" for tax purposes. The...
Aug 31, 2022


Financial Year 2022-23: Important Dates to remember
Important dates to remember for accountants, business owners and if you are self -employed
Aug 31, 2022

Truss Vs Sunak On Tax
On the 5th September the new PM will be announced, and at a time when there is so much financial turmoil in the country it’s no surprise the
Aug 31, 2022


The deadline to register family trusts with the taxman looms
It is now a requirement for trustees to register all UK express trusts and some non-UK express trusts with HMRC by 1st September 2022
Aug 30, 2022
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