by Ruth Clark | Dec 28, 2022 | Business, Tax
It’s that time of year again – the shops are playing Christmas music, there are Christmas films starting to appear on the TV, and for many of us, there is a tax deadline looming, whether that is personal or for our business. This is the busiest time of year for... 
by Ruth Clark | Dec 26, 2022 | Business, Tax
The UK Government understands businesses and self-employed individuals are currently facing a challenging economic environment, and that the transition to MTD for ITSA for the self-employed and small landlords represents a significant change for taxpayers. That means... 
by Ruth Clark | Dec 21, 2022 | Tax
The 45% additional tax rate was briefly removed by Kwasi Kwarteng, then reinstated by Chancellor Jeremy Hunt, and in the latest twist, Mr Hunt announced that the point at which people would start paying this highest rate of tax would fall from £150,000 to £125,140... 
by Ruth Clark | Dec 19, 2022 | Business
With the cost of living crisis getting deeper, generating cash will be the key to keeping businesses such as the small family company afloat. Borrowing from a bank for commercial purposes is becoming increasingly difficult. If there is a cash flow problem the banks... 
by Ruth Clark | Dec 14, 2022 | Tax
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...