If you read our post of last week, Property Tax Changes, you will be aware that the Chancellor recently confirmed – as part of his Spring Budget – that the present tax advantages that owners of Furnished Holiday Let (FHL) property...

Hopefully, this post will be of help to individuals that find themselves in debt and are struggling to keep up with repayments.

It’s interesting to consider how easy it is to get into debt and how difficult to get out of...

The recent Spring Budget did little to make the life of those letting, buying or selling property any easier. For example:

• The reduction in the higher rate of CGT on affected property sales from 28% to 24%.
• The removal...
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It’s interesting to consider the challenges that are plaguing small businesses at present. For example:

• A frustrating inability to reestablish profit levels to fund investment or to maintain the living standards of...
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One of the more impactful changes in the recent budget was the easing of the High Income Child Benefit Charge. Up to 5 April 2024, this has been recovering Child Benefits received by parents if the total income of one or more parent exceeded...

HM Revenue and Customs (HMRC) issued a press release recently reminding working families to save money on their childcare costs in time for the school holidays by making use of the Tax-free Childcare support.

With the Easter break...

As we have mentioned in previous posts, Companies House have been tasked with introducing a number of changes introduced by the Economic Crime and Corporate Transparency Act 2023 (ECCT Act), that came into force on Monday 4 March...

We all knew that the Chancellor would have restricted options when considering the contents of his recent spring budget announcement on 6 March. But it seems he has the skills after all to “play tennis” with his arms tied behind his...

1 March 2024 - Due date for Corporation Tax due for the year ended 31 May 2023.

2 March 2024 – Self-Assessment tax for 2022-23 paid after this date will incur a 5% surcharge unless liabilities are cleared by 1 April 2024, or an...

The coding out threshold may entitle you to have tax underpayments collected via your tax code when you are in employment or in receipt of a company pension. Instead of paying off debts in a lump sum, money is collected in equal monthly...