5 Top Tips for Business Resilience

At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax […]

For most taxpayers the maximum pension contribution is £40,000 each tax year, although this depends on their earnings. This limit covers both […]

Top of the New Year to do list for many individuals is to make or update their Will. Many think this is […]

When considering the wording of your Will you should note that the inheritance tax (IHT) nil rate band continues to be frozen […]

The CGT annual exempt amount reduces from £12,300 to just £6,000 for gains made in 2023/24. Remember that the 2022/23 allowance is […]

The 130% super-deduction for the investment in plant and machinery was introduced in the March 2021 Budget. The enhanced tax deduction is […]

The 130% super-deduction referred to above only applies to limited companies, however the Annual Investment Allowance (AIA) is available to unincorporated businesses […]

A new points-based system for late VAT returns starts for return periods commencing on or after 1 January 2023. A financial penalty […]

The table below sets out the HMRC advisory reimbursement rates for employees’ private mileage using their company car from 1 December 2022. […]