Year-end tax planning strategies for #SmallBusinessSaturday
As we approach the 31 January 2024 tax return deadline, it’s crucial for sole traders, to be well-prepared and aware of your obligations.
Read more...30 Nov 2023
As we approach the 31 January 2024 tax return deadline, it’s crucial for sole traders, to be well-prepared and aware of your obligations.
Read more...29 Nov 2023
Running a small business involves a lot more than juggling logistics. Knowing how to tackle and overcome challenges is an essential aspect of entrepreneurship.
Read more...28 Nov 2023
Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting the fact that HM Revenue & Customs (HMRC) has ramped up its interest in this area.
Read more...23 Nov 2023
For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex.
Read more...22 Nov 2023
With a General Election looming on the horizon, Jeremy Hunt rose to deliver his second Autumn Statement as Chancellor in the knowledge that his latest measures could have a substantial impact, not only on the future economic success of the nation but the electoral success of his own party. Taking away the politics from his [...]
Read more...22 Nov 2023
When making the decision to become a freelancer, you have two options. You can either set up as a sole trader or start a limited company.
Read more...21 Nov 2023
The current economic climate is less than favourable for small and medium-sized enterprises (SMEs).
Read more...16 Nov 2023
Making sure you’re paying the right amount of tax can be taxing! If you receive a State Pension or other type of pension, then you may still need to pay tax on it. Without the pay-as-you-earn (PAYE) structure of the workplace, you may find it hard to know when and how to pay tax on […]
Read more...16 Nov 2023
The Centre for Social Justice (CSJ) has recently proposed a significant change to the UK’s pension landscape. They suggest that the state pension age should rise to 75 by 2035, up from the current age of 66. This proposal comes amid concerns about the UK’s ageing population and the increasing Old Age Dependency Ratio (OADR), […]
Read more...16 Nov 2023
The current financial landscape presents a conundrum for those looking to safeguard and grow their personal wealth. Despite interest rates reaching their highest levels since 2007, the value of cash savings in the UK has been eroded by inflation. As of July 2023, the nation’s cash savings have dipped to £1.95 trillion, a £5 billion […]
Read more...16 Nov 2023
His Majesty the King’s speech, at the state opening of Parliament, is a significant event for businesses and financial professionals who rely on Government regulation to function effectively and within the law.
Read more...15 Nov 2023
Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to make.
Read more...