As the UK prepares for a summer General Election on July 4th, businesses and individuals alike are bracing themselves for potential tax changes that could significantly impact their bottom line. With Labour leading the polls by a substantial margin, many
Ever wondered why your payslip shows a different amount deducted for tax each month? It’s not a magical money leprechaun (although wouldn’t that be nice?). It’s all down to your PAYE tax code – a seemingly cryptic string of letters
The confetti’s settled, the celebratory champagne corks have popped (or perhaps a celebratory cup of tea, depending on your budget!), and the dust has settled on the Spring Budget. But for many business owners in the UK, there’s one lingering
Congratulations! You’ve just sold your UK business – a fantastic achievement. But before you celebrate with a fancy vacation (you totally deserve it!), there’s one more hurdle to navigate: capital gains tax (CGT). This is where things can get a
In an era where digital innovation leaps bounds faster than a hare in a hurry, the realm of crypto assets has emerged as the modern-day treasure trove, albeit one that exists in the ethereal world of computer servers. As the
First things first, what is VAT?Value Added Tax – aka VAT – is the 20% tax that consumers pay to businesses when they purchase their products and services. While your business may collect VAT, it never belongs to you; it
As we wave goodbye to 2022 and welcome all the possibilities of a new year, we wanted to provide a brief but informative blog about what the new 2023 era means for small business owners. Here’s a succinct list of
As we wave goodbye to 2022 and welcome all the possibilities of a new year, we wanted to provide a brief but informative blog about what the new 2023 era means for small business owners. Here’s a succinct list of
Is Your Dividend Payment Illegal? You do your due diligence and invest in a company, you may even be one of the company’s directors, putting in the work on a daily basis to help ensure that the company becomes a
Two years may sound like eons away when it comes to your business. However, with fundamental changes to the administration of the UK tax system coming down the pipe, business owners should take every opportunity to start getting apprised of