News

Tax if selling a second property

You may have to pay Capital Gains Tax (CGT) tax when you sell or dispose...

Tax on inherited property, money or shares

As a general rule, someone who inherits property, money or shares is not liable to...

How long should you keep your tax records

Following the deadline for submission of self-assessment tax returns for the 2024-25 tax year, it...

Estimate your Income Tax for the current tax year

If you are concerned by the continuing pressures on your take-home pay and need some...

Companies House blunder

A Companies House blunder has raised concerns after a flaw in the WebFiling service briefly...

When is a “self-employed” contractor a de facto employee?

The employment status of a former bricklayer was recently called into question in establishing liability...

Business solvency, why it matters

Business solvency refers to a company’s ability to meet its financial obligations as they fall...

Exit planning, an essential step for business owners

Many business owners spend years building their companies but give far less attention to planning...

Tax Diary April/May 2026

1 April 2026 - Due date for corporation tax due for the year ended 30...

Seven million people started new jobs in 2025

New figures published by HMRC show that more than 7 million people started a new...

Tax allowances frozen for 2026-27

It was confirmed as part of the Autumn Budget that the Income Tax thresholds will...

Changes to the calculation of Income Tax

A number of changes to the taxation of dividends, property income and savings income were...

Increase in company late filing penalties

After the end of its financial year, a private limited company must prepare full annual...

Accelerate Return on Investment

The speed with which a business can achieve a return on investment is often just...

Reducing energy consumption

Reducing energy intensity is one of the most practical ways for small businesses to protect...