by Georgi Rollings | 10th November 2023 | Landlords, Self assessment
*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...
by Georgi Rollings | 24th July 2023 | Self assessment, Sole trader
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...
by Georgi Rollings | 18th October 2022 | Landlords, Making Tax Digital, Self assessment, Sole trader, Start ups, Xero
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...
by Georgi Rollings | 23rd September 2022 | Corporation tax, News & Events, Self assessment
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...
by Juliet Wylie | 2nd August 2022 | Being an employer, Limited company, Sustainability
Times are hard. We all feel that we are getting less for our hard-earned cash. Fuel costs are at record levels and inflation is expected to hit 11% in the autumn. And on top this we are all braced for October when the energy price cap increases again. Money is...