An accountant should be for your business life, not just your tax year end. Rather than dipping into expert services to minimise your yearly tax bill, a long term partnership…
Child benefit payments automatically stop on 31 August after a child’s 16th birthday. Parents can re-register but the timing is tight. To continue receiving child benefit, parents must tell HMSTC…
Businesses will need to change the information they provide to HMRC from April 2025. HMRC will be given extra powers to collect information regarding three key areas: Employers will be…
“Non-dom” is short for “non-domiciled individual”. It refers to the tax status of someone who is a UK resident and whose permanent home (or domicile) is outside the UK. Government figures…
Legal ways to avoid paying tax are so interesting! This is especially true with property as so many legislative changes in recent years have impacted the viability of this sector….
On 22 June 2023, the Bank of England base rate increased from 4.5% to 5%. HMRC’s interest rates are linked to the base rate. Therefore, the recent rise has inevitably…
Good news! The threshold for submitting a self assessment tax return if you earn PAYE income only has increased. From this tax year (2023/24) the threshold increases to £100,000 from…
The Renters Reform Bill is set to change the landscape for landlords with the creation of a landlord database. If a landlord fails to join the database, they will be…