As the Autumn Budget approaches, many are wondering how potential changes could impact their personal finances.
Category: Tax Planning
Is incorporation still the way to go for solid financial planning?
From a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard in business development and growth – but is this still the right move?
Starting a seasonal business? Here is what you need to know
Are you considering launching a seasonal business? If so, you are beginning an exciting journey that comes with its own set of unique challenges and opportunities.
Earning between £100,000 and £150,000? Your tax return is changing
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.
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?