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Personal Tax Return and Sole Trader Accounts
Getting Ready to Submit Your Personal Tax Return & Sole Trader Accounts As we approach key deadlines in the Self Assessment calendar,…
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Business entertainment – usually not allowable
Business entertainment – usually not allowable – but when can you claim? HMRC’s rules state that expenditure on business entertainment or gifts…
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Official rate of interest
The official rate of interest is a rate set by HMRC which is used to calculate the benefit in kind tax charge…
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Taxation of company cars in 2025/26 and beyond
Employees with a company car available for their private use pay tax on the benefit. The amount that is charged to tax…
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Pension savings in 2025/26
Putting money into a registered pension scheme can be tax efficient. Individuals can make contributions in their own right, or even for…
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National Insurance changes from April 2025
Last October Chancellor Rachel Reeves announced some far-reaching National Insurance changes which will affect employers from April 2025. She also confirmed the…
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Relief for FHL losses post April 2025
From 6 April 2025 onwards, furnished holiday lettings are treated for tax purposes in the same way as other residential lets, and…
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Reporting 2024/25 taxable expenses and benefits
If as an employer you provided employees with taxable expenses and benefits in the 2024/25 tax year, you will need to ensure…
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Making Tax Digital – Incorporate?
MTD – A time to incorporate? After years of deferral, the long-anticipated Making Tax Digital (MTD) for Income Tax start date has…
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Tax Implications for investing in Woodlands
Investing in woodlands – Tax implications of an unusual type of investment Drive along a country road and you may come across…
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