News

Changes to IHT from April 2025

From April 2025, Agricultural Property Relief from Inheritance Tax now extends to land under qualifying...

How should multiple self-employed incomes be treated

Running more than one self-employed business? HMRC will not always treat them as separate. Whether...

Could you extend Child Benefit claim?

Parents of 16-19-year-olds: confirm your child’s continued education or training by 31 August 2025 to...

The legal responsibilities of directors

When someone agrees to become a director of a UK limited company, they take on...

The value of applying for trade marks

A trade mark is a vital tool for protecting the identity and reputation of your...

The importance of discretion – don’t send inappropriate messages during working hours!

An Employment Tribunal confirmed that using an employer's preferred method of communicating with employees to...

When can you deregister for VAT?

Considering VAT deregistration? Whether compulsory or voluntary, knowing the rules, deadlines and risks of delay...

The transition from FHL to Property Rental business

Tax perks for Furnished Holiday Lets have ended. From April 2025, lettings fall under standard...

Deadline for paying Class 1A NIC

Employers must pay Class 1A NICs on 2024-25 benefits by 19 July (22 July if...

HMRC interest rates following Bank of England rate cut

Following a Bank Rate cut to 4.25%, HMRC late payment and repayment interest rates will...

MTD for Income Tax deadline is approaching

MTD for Income Tax starts 6 April 2026 for the self-employed and landlords with £50k+...

Save up to £2,000 a year on childcare costs

Is your child starting school this September? Tax-Free Childcare could save you up to £2,000...

Why filing early makes sense

Filing your 2024-25 Self-Assessment return early means faster refunds, better budgeting, and no deadline stress...

Still recording your accounts on spreadsheets?

For small and medium-sized enterprises (SMEs), adopting accounting software offers a range of practical benefits...

Landmark economic deal with United States

On 8 May 2025, the UK government announced a landmark trade agreement with the United...