With Making Tax Digital (MTD) for VAT already in place, the government is...
Understanding MTD for ITSA: What You Need to Know
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Changes to Furnished Holiday Lettings Tax Regime
As of April 2025, the government will abolish the Furnished Holiday Lettings...
Understanding Tax Deductible Repairs and Renewals
It is important to be able to distinguish between tax-deductible repairs and...
The Bank of England cuts base rate to 5%
As of last week, August 1st, 2024, The Bank of England (BoE) reduced the base...
Understanding Private Residence Relief (PPR)
Private Residence Relief can be a game-changer when it comes to payable...
Labour Win: What Does This Mean for UK Taxes?
On Friday, Sir Keir Starmer assumed his new role as Prime Minister following...
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Essential Tax Savings for Close Protection (CP) Operatives
Discover essential tax savings for close protection operatives, including what expenses you can claim to maximise your earnings. Close protection operatives often contact us with questions about allowable expense claims, as tailored guidance for their unique...
Autumn Budget Changes and 2025 Budgeting Tips for Security Professionals
Prepare for the changes taking effect this year from the Autumn 2024 Budget. From rising NICs and wage increases to tax adjustments, explore expert tips to help security professionals and business owners budget effectively and stay ahead in 2025. With a new year upon...
Early 2025 Tax Deadlines for Self-Assessment
Key dates for Self-Assessment, payments on account, and end-of-year tax planning. Plan for a smooth 2025 tax year today! For self-employed individuals and small business owners, staying ahead of key tax deadlines is essential to avoid penalties and reduce stress....
Tax Tips for the Festive Period: Christmas Parties and Gifts
Discover how your business can save on taxes this festive season with tips on the £150 tax exemption for Christmas parties, tax-free gifts, and National Insurance obligations. With the festive season in full swing, many businesses have already celebrated with...
What is the difference between a Sole Trader vs Self-Employed?
This guide covers the key differences between being a sole trader and self-employed. Learn what counts as self-employment, how to register, and your business responsibilities. Entering the world of self-employment can seem daunting, but understanding the basics can...