by Ruth Clark | Jan 11, 2023 | Business, Tax
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... 
by Ruth Clark | Jan 4, 2023 | Business, Tax
Yes, here we are again, the Christmas tradition of dealing with your self-assessment tax return is back for another year, and you need to get everything sorted as soon as you can. The final deadline for filing your self-assessment is January 31, 2023, for the... 
by Ruth Clark | Jan 2, 2023 | Business, Tax
If the company taking over gives you cash and shares you may have to pay Capital Gains Tax on the cash you get. If you get a small amount of cash You don’t pay Capital Gains Tax if both of the following apply: you get less than £3,000 or an amount less than 5% of the... 
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...