Selling UK land or property? Here’s what you need to know about Capital Gains Tax
*Warning: tax regulation talk to follow!* Don’t worry, we know tax rules and regs can be a tricky topic, but an important one. We’ll keep this as simple as possible for those of you who it affects. If you’re planning on selling UK land or property that isn’t your...
How will the basis period reform affect my business?
HMRC have recently introduced changes to the basis period of taxation for certain businesses. Buckle up and grab a mug of something hot, because we’re going to dive into the details of how basis period reform could affect your business. Basis period reform will...
What you can start doing about MTD for ITSA now
Despite the current chaos in government all signs point towards Making Tax Digital for Income Tax Self Assessment – or the snappily named MTD for ITSA – going ahead from April 2024 as planned. Scarily that is now less than 18 months away. As accountants we...
Mini Budget – what you need to know
Happy Friday – today’s mini budget from Kwasi Kwarteng is the biggest tax cutting bonanza since 1972. Being born slightly later than that, it is officially the biggest set of tax cuts in my lifetime. Goodness only knows how the country is going to afford...Follow Starfish Accounting
