Private Client

Private ClientSole Traders & Partnerships

The new tax year has begun; this means we can now submit your tax return for the year ending 5 April 2023. The final deadline may seem a way off, but submitting as early as possible is always preferable, so you are aware of any tax liabilities in good time. Here’s a checklist of things you may wish to consider.

Read more
Limited CompaniesPrivate ClientSole Traders & Partnerships

After April 5 2025, you’ll only be able to fill National Insurance gaps going back 6 tax years, so if you have many years missing on your record, you should start considering what you can do about this.

Read more
Limited CompaniesPrivate ClientSole Traders & Partnerships

For a round-up of what the Spring Budget contained and how this might affect you, please read our summary of some of the major changes.

Read more
Limited CompaniesPrivate ClientSole Traders & Partnerships

What’s in it and how might it affect you? On the 17th of November 2022, Jeremy Hunt revealed the details of his Autumn Statement.

Read more
Private Client

Young persons who turned 18 on or after 1 September 2020 may have cash waiting in a dormant Child Trust Fund (CTF) account. This

Read more
Private Client

Your tax code is used by your employer or pension provider to work out how much Income Tax to take from your pay or pension.

Read more
Private Client

Employers use an employee’s National Insurance category letter when they run payroll to work out how much they both need to contribute. Most employees

Read more
Charities & Civil Society OrganisationsLimited CompaniesPrivate ClientSole Traders & Partnerships

Have you ever been pushed into buying something that you really didn’t want? Most of us have. Maybe it was a salesperson over the

Read more
Limited CompaniesPrivate ClientSole Traders & Partnerships

New health and social care Levy to be introduced across the UK to provide extra cash to reform the Health and Social care systems

Read more
Limited CompaniesPrivate Client

As the result of recent increases in petrol and diesel prices, HMRC has increased the advisory fuel rates that apply for the reimbursement of

Read more
Limited CompaniesPrivate Client

What is cross-selling One of the easiest and best ways to increase your business’s revenue and profitability is by cross-selling more services to your

Read more
Private Client

Most gifts made during a person’s lifetime are not subject to Inheritance Tax at the time of the gift. There’s usually no Inheritance Tax

Read more
Private Client

There is usually no Capital Gains Tax (CGT) to be paid when you sell your main family residence (referred to by HMRC as private

Read more
Private Client

A thought-provoking question that has been asked by one of our readers is whether professional gambling is a trade or not. The answer to this question might surprise you. According to HMRC and reinforced by a number of court cases is the answer that

Read more
Private ClientSole Traders & Partnerships

6th April marks the start of the new tax year for us in the UK. But have you ever wondered why we picked such

Read more