Fresh off a wave of regulatory changes designed to improve transparency and efficiency with filings, business owners are having to take stock of new administrative responsibilities. The changes to Companies House and HMRC filings are not finished yet and many have ...
READ MOREWhen a business sells an asset such as property, land or equipment, the resulting gain can trigger a Capital Gains Tax (CGT) liability. However, if the proceeds are reinvested into new business assets, it may be possible to defer that tax ...
READ MOREOn the surface, it might seem odd that there would be an entire week dedicated to tax awareness when so many people seem to live in constant dread, knowing their obligations loom overhead. However, it is useful to take the time ...
READ MOREMany businesses felt as though they had been entirely overlooked by the Autumn Budget, as costs were set to rise without much support. The Spring Statement was a chance to change direction and provide assistance to businesses. This did not happen, so ...
READ MOREGoing into the latest Spring Statement, the Chancellor made it very clear that this would not be a full fiscal event and that any new policy changes would be off the table. Rising to her feet in Parliament that ...
READ MOREWith so many changes hitting businesses in April, it is difficult to keep track of them all. One that may slip under the radar for some business owners is the change to maternity and paternity pay. As this will take effect from ...
READ MOREAs Making Tax Digital for Income Tax edges ever closer for many sole traders and landlords. However, according to new research sections of those affected by the new digital reporting requirements for income tax remain unclear, unconvinced or unprepared for this ...
READ MOREThere have been a lot of concerns around the domestic and global economy in recent times that have led to businesses being more cautious than normal. A side effect of this hesitance may be an accumulation of working capital. While working capital ...
READ MOREHistorically, ISAs have been considered a tax-free investment opportunity, but the latest notes on upcoming changes to this scheme may mean that interest on cash held in a stocks and shares ISA may result in new tax liabilities. Announced at the ...
READ MOREOnce again, Ramadan and Lent are set to take place simultaneously, meaning that approximately half the world’s population will be engaging in spiritual reflection. As many people make sacrifices in order to prepare for a life beyond the one they know, ...
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