As the rate of employer’s National Insurance has increased, salary sacrifice may be a more tax-efficient way to make pension contributions.
On 26 March, Chancellor Rachel Reeves revealed her Spring Statement, outlining the government’s plans for the economy. Read our summary…
5 April 2025 is the deadline to buy back missing National Insurance years, which could be significant to the State Pension you receive.
From 6 April 2026, people with trading/property income over £50,000 per annum must keep records and report information digitally to HMRC.
From 6 April 2025, income and gains from a Furnished Holiday Let will form part of a property business, affecting tax reliefs and allowances.
Read our summary of some of the changes contained in the Autumn Budget 2024 and how they might affect you or your organisation…
There could be changes to the Capital Gains Tax system in the Autumn Budget 2024. Find out what reliefs are currently available!
From 6 April 2026, people with yearly trading/property income over £50,000 must move to a digital system to record and declare information.
From 6 April, the partial repayment threshold for High Income Child Benefit charge will rise from £50,000 to £60,000.
Read our summary of the Spring Budget 2024, with changes to National Insurance, Child Benefit and second homes…
From January 2025, digital platforms such as eBay, Airbnb, Etsy and Vinted will have to routinely collect and report sellers’ income to HMRC.
These are relevant dates and potential penalties for self-assessment returns, alongside possible options if you can’t meet the deadlines.
Many parents and carers will be feeling the squeeze in the cost-of-living crisis. Here are some things you may wish to consider…
Sole traders & partnerships: If your year-end is not 31 March or 5 April, HMRC is changing how it will assess your profits.
Whilst marriages and civil partnerships are about love and finding your life partner, it’s worth being aware of the tax implications involved. It’s not all roses. This article specifically outlines some of the affects on Inheritance Tax that are associated with these legal partnerships.
