If you’re a high earner with between £100,000 and £150,000 in net adjusted income, you’ll soon receive a letter from HM Revenue & Customs (HMRC) regarding whether you need to continue submitting a Self-Assessment tax return.
Category: Tax Planning
Personal tax planning strategies for the new tax year
The 2024/25 fiscal year has just begun, which means your previous allowances and exemptions have reset (as of 6 April).
Corporate tax planning strategies for this tax year
Happy new tax year!
We entered the 2024/25 fiscal year on 6 April and now is the perfect opportunity to take advantage of the allowances, reliefs, and exemptions that your business can claim within the next 12 months.
Due a tax rebate? Keep an eye on your account
In a new initiative designed to reduce paper use and unnecessary confusion, HM Revenue & Customs (HMRC) has announced a significant change to the way that taxpayers are notified of a repayment.
Plan a little, achieve a lot – Destress with effective tax planning
April marks both the start of the 2024/25 tax year and Stress Awareness Month – a coincidence not lost on those of you who are turning your attention to tax planning for the coming year.
Is your partnership tax-efficient?
Tax efficiency is one of the major deciding factors between different types of companies, particularly for growing businesses which need to minimise costs.
Making the most of pension contributions for tax purposes
Are you ready for the end of the 2023/24 tax year?
Tax planning for unincorporated businesses (sole traders and partnerships)
Unincorporated businesses like sole traders and partnerships, are subject to different taxes than limited companies.
Business tax planning strategies for your limited company
We often help our clients with business planning strategies and techniques that reduce their tax liabilities and increase their profit margins.
Higher rate taxpayer? How to prepare for the end of the tax year
The end of the financial year is coming. 5 April is crunch time for making businesses and individual estates as tax efficient as possible.