Feb 8, 2023 | Business Start Ups, FAQ, Information, Misc, Tax, Tips
Deciding if a limited company is the right structure for your business can be challenging. To help you make the best decision, here are ten compelling reasons to consider forming a limited company – from protection of assets and minimizing tax liabilities to...
Feb 6, 2023 | Expenses, FAQ, Information, Misc, News, Vat
A new VAT penalties regime was brought in this month, and any firms or individuals missing their filing deadline from January 2023 onwards will receive penalty points even if there is no VAT due to be paid. While this may sound more benign than getting a fine,...
Jan 30, 2023 | FAQ, Information, Misc, News, Property, Tips
Working out rateable property values may feel like something of a dark art to those not in the know, and the news that these values are set to change again from April 1 2023 could strike fear into the hearts of some. The Valuation Office Agency (VOA), which is part of...
Jan 16, 2023 | Business Start Ups, Expenses, FAQ, Information, News, Tips
Christmas parties or even regular summer BBQs, or annual team-building events may need to be declared to HMRC for the current 2022/23 tax year if they do not meet certain rules, so you need to be sure you meet all the relevant rules for the exemption. The key...
Dec 19, 2022 | FAQ, Information, Tips
Changes to the Capital Gains Tax (CGT) allowances announced in the Autumn Statement mean that from next April, the current £12,300 allowance will fall to £6,000 and then to £3,000 in 2024. This is a major concern for landlords with rental property, as this will make a...