Resources

  • Spring Statement Rachel Reeves

    Rachel Reeves' Spring Statement 2025: New Impacts for the Self-Employed and Small Business Owners

    Increase in penalties & strengthened focus on tackling tax avoidance

  • Timing is everything money

    Timing your payments around the year end

    For unincorporated businesses, from 6 April 2024 onwards the cash basis is the default basis of accounts preparation. Unlike the accruals basis under which income and expenditure must be matched to the accounting period to which it relates

  • Personal Allowance

    Time running short to use your 2024/25 personal allowance

    If you do not use your 2024/25 personal allowance by the end of the tax year, you will lose it.

  • Two options

    Director's Salary Guide 2025/26: Two Clear Paths to Tax Efficiency

    Which one will be right for you?

  • Pigeon carrying brown envelope

    *UPDATE* Making Tax Digital

    Heads Up! Important Changes to Income Reporting for Some Self-Employed and Landlords

  • Capital Gains Tax

    Have you used your capital gains tax annual exempt amount?

    making use of the allowance can still generate tax savings of up to £720

  • Changes to Holiday lets - Property

    Holiday Lets – relief for finance and investment costs from April 2025

    Unincorporated landlords letting furnished holiday accommodation will obtain relief for their interest and finance costs from April 2025 after the favourable tax regime for furnished holiday lets has come to an end

  • Electric Car

    The End of the Road for Free EV Tax: What Limited Companies Need to Know

    Electric car tax is changing in April 2025

  • Gremlins

    Let's Have a Butcher's at Your State Pension!

    Don't assume your state pension is fully topped up even if you have been employed or self-employed.

  • Making Tax Digital

    Making Tax Digital: Is it Really Happening This Time?

    This is the first in a series of updates for Making Tax Digital (MTD)

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