Inheritance tax is a reality that many individuals and families must face when dealing with the passing of a loved one. By 2032 - 33, it’s predicted that 12% of people will have inheritance tax due - either on their death or their partner’s. While it's essential to understand the...
Filing a tax return is a crucial annual financial responsibility. This is something that many individuals and businesses in the...
Autumn Statement Overview 2023
Well Mr Hunt did not disappoint, there was a surprise or two in his Autumn Statement. There was considerable pre-announcement...
The Worldwide Disclosure Facility (WDF) – what is it and should I be using it?
The Worldwide Disclosure Facility (WDF) is a vital resource for individuals and businesses looking to disclose offshore assets and income...
CGT Relief Restrictions for UK Residential Property Owners
Capital Gains Tax (CGT) is a tax levied when certain assets are sold or disposed of, encompassing various items such...
A Guide to Cryptocurrency Accounting: Tracking Profits and Navigating Regulations
The rise of cryptocurrencies has not only revolutionised the financial landscape but has also presented unique challenges for accounting and...
How can we reduce our corporation tax bill?
The question of reducing corporation tax bills through allowable expenses is a perennial query posed by company directors in boardrooms around the world
A Step-by-Step Guide on How to Pay Corporation Tax
If you’re a business owner in the UK, you’ve likely heard the term “corporation tax” before. It’s a tax that...
HMRC Increases Time-To-Pay Threshold
HMRC has announced that it has increased the Self-serve Time-to-Pay threshold from £10,000 to £30,000. The increase, which came into...
