Income tax cuts next year
In last week’s Budget the Chancellor stunned his audience by announcing that both the basic rate of tax and the highest ‘additional’ rate would be reduced from 6 April 2023.
Why you should get a head start on your self-assessment now
We believe that getting ahead of your taxes is a perfect way to reduce avoidable stress. Here’s why you should get a head start on your self-assessment now.
Paying your income tax bill
Many self-employed people will find January 2023 a tough month as it is predicted that domestic fuel bills will increase again and income tax payments will be due.
Divorcing couples may no longer need to settle their estate within a year
The Government has announced plans to relax capital gains tax (CGT) rules in divorce settlements, so spouses and civil partners will have more time to transfer their assets.
Cost of living support
The Chancellor has announced a range of financial support measures to assist with energy costs.
Record keeping | Why it’s essential for your business
Whether you’re self-employed or running a large company, good record keeping is vital. In this blog we’ll set out the main records you need to keep, the advantages of good record keeping, and some tips for improving your system.