But by getting ahead and maintaining your records all year round, you’ll make the submission of your tax return as stress-free as possible.
Uncategorized
Setting up a new business in the UK: a guide for expats
If you’re an expat planning to set up a business in the UK, this guide can help you understand the essentials.
HMRC to cut access to phone lines by 30%
The tax authority plans to cut the use of phone-based tax advisers by 30% within two years as it struggles to cope with increasing demand and cuts to staffing budgets HMRC chief executive Jim Harra said: ‘We want to reduce the volume of contact through phone and post...
Company vs individual: What’s best for my new landlord business?
As a landlord, you can choose to incorporate your business or run things as an individual. Each has its pros and cons. Here are some things to consider.
Tax Returns for 2022-23 – FILE NOW!
Now that we’re well into the new tax year (and approaching the 31 July payment on account), tax returns for 2022-23 can be submitted any time now, up until the deadline. We’re strongly encouraging our clients to submit their tax returns well before the January...
I haven’t declared my income for the last few years – what do I do?
If you haven’t declared previous income for a few years, you must get the ball rolling immediately. Here’s how.
Spring Budget 2023 Changes
In his first spring budget speech as Chancellor, Jeremy Hunt delivered many changes to the House of Commons on March 15 2023.
The importance of shareholder agreements
A clear and fair shareholder agreement can help prevent unnecessary disputes from arising, explains Hiten Patel, senior associate at KaurMaxwell. Until recently, vehicle manufacturers Renault and Nissan were locked in a complex commercial dispute, seeking to tear up...
Employer-provided loans
Employers can provide a benefit to employees by providing a tax-free and cheap loan. These loans are often given to employees for travel season tickets or to buy electronic equipment such as laptops or phones. The rules, however, apply to all loans. Tax status A tax...
Personal tax changes from 6 April 2023
Frozen tax thresholds will see more taxpayers dragged into higher rate 40% tax this year, dividend allowance and capital gains tax allowances slashed Base rate and higher rate thresholds are frozen until 2028 at £12,570 and £50,271 respectively. This will pull more...
You deserve more
When you start seeing results, you’ll have more time to focus on what matters most. That’s the joy of a great partnership.