For this blog topic, I thought it would be helpful to run through the recent changes in Corporation tax thresholds which have recently come into effect. These changes are going to affect new businesses a great deal, and we should know how they work.
How the Corporation tax thresholds will impact new business growth Read More »
Do you own a car or van that is used solely for business? Leasing personal assets explained.
Leasing assets to your company Read More »
The 2024 Labour Budget has a double-edged impact on the UK small business community, which raises new costs for many firms whilst giving others fresh growth opportunities and important support.
What the new Labour budget means for small businesses Read More »
In 2022, we experienced an annual inflation rate that averaged more than 8%. Unfortunately, rising prices present challenges for small business owners. Not only does inflation eat into your profits, but skyrocketing costs can also leave you cutting corners in ways that might have a negative impact on your customer base.
Inflation and Small Business Owners Read More »
If you’re applying for or renewing a licence for a taxi, private hire, or scrap metal, you may need to complete a tax check. This ensures that you are registered for tax and have fulfilled your tax obligations. You will still need to complete a Self-Assessment tax return, this is seperate
Tax Checks for PCO drivers Read More »
National Insurance changes in July. How will it affect you? July National Insurance changes From 6 July 2022, the threshold at which workers start paying National Insurance will increase by £3,000. It means less of workers’ income will be subject to National Insurance as they will earn up to £12,570 a year before they pay
National Insurance changes in July Read More »
Inheritance tax: Seven easy ways to slash HMRC bill AFTER the passing of a loved one While it’s well documented how to reduce how much inheritance tax Britons have to pay before a loved one dies, people often overlook what can be done after they have passed. It’s entirely possible to make huge savings if
How to work out your income for tax credit claims and renewals OverviewWhen you claim tax credits, you’ll need to give details of your total income. You’ll also need to work out your income when you renew your tax credits each year. Usually, what you’re entitled to is based on your income for the last
How to work out your income for tax credit claims and renewals Read More »
IR35 – April 2021 changes to off-payroll working for clients https://www.gov.uk/guidance/april-2020-changes-to-off-payroll-working-for-clients Understand and prepare for changes to the off-payroll working rules (IR35) if you are a client receiving services from a worker through their intermediary. Overview Off-payroll working rules change on 6 April 2021 and are applied differently. From this date, all public authorities and
IR35 – April 2021 changes to off-payroll working for clients Read More »
