As we move into 2025, the UK’s tax system is seeing a series of significant changes designed to address fiscal challenges, stimulate the economy, and ensure fairness across different income groups. These changes
As we move into 2025, the UK’s tax system is seeing a series of significant changes designed to address fiscal challenges, stimulate the economy, and ensure fairness across different income groups. These changes
Five ways to avoid savings interest tax as a 45p additional rate taxpayer As a 45p additional rate taxpayer, managing your savings to minimize tax on interest can be challenging but possible
Spring Budget 2024 On Wednesday 6 March, chancellor Jeremy Hunt delivered his Spring Budget 2024, only three and a half months after his Autumn Budget 2023. He presented updated forecasts from the
Policy objective The main objective of the diverted profits tax is to counteract contrived arrangements used by large groups (typically multinational enterprises) that result in the erosion of the UK tax base.
Common questions we receive are often about Investment Bonds and Tax. Are Investment Bonds taxed under Capital Gains Tax? What is a chargeable event gain and how is it calculated? How do
Starting in business or running one? Is your new or existing business a trade, a business or an investment activity? The differences between a trade, business and investment is very important for
Expenses and Tax According to Trade Part 1 Very common questions we receive – what can I claim on expenses? What tax reliefs are there according to my trade? The fact is,
Tax-Deductible Christmas Gifts & Expenses Accounting for Christmas Cards Cards are a festive tradition, although lots of organisations may choose to send digital greetings to minimise paper wastage - it is worth noting
Another common question from our clients - are cryptocurrency or crypto asset gains or profits, taxable under Capital Gains Tax? Can you obtain tax relief if you make losses on Bitcoin? In
Following several questions from our subscribers and clients regarding Capital Gains Tax, below is an 'At a glance' guide to Capital Gains Tax reliefs. What are the key Capital Gains Tax reliefs?