How to reduce your tax bill legitimately
Posted by Karen Jones on February 7, 2025Tax return season is upon us once again. In this post we explore legitimate ways of reducing your tax bill.
Audit exemption thresholds change from April 2025
Posted by Andy Green on February 6, 2025From April 2025, the audit exemption thresholds will change – with some 14,000 medium-sized businesses being reclassified as ‘small’ firms.
Tax on wine has just gone up!
Posted by Ben Locker on February 4, 2025From 1st February 2025, tax on wine has changed. From now, tax on higher strength wines will make them more expensive.
Business review? Is it time to Spring clean your business?
Posted by Mark Boulter on February 3, 2025Business review? Perhaps it’s time to have a good look into the way your business is performing by carrying out a business review?
Report CGT on UK property – paper forms introduced
Posted by Karen Jones on January 31, 2025If you need to report CGT on UK property, you may need to use a paper form in some circumstances. These are now easier to get hold of.
HMRC scraps employee hours reporting from payroll reforms
Posted by Jon Pryse-Jones on January 30, 2025HMRC has scrapped plans to mandate employee hours reporting via payrolls. However, new information will still be needed on tax returns.
Pension top up – must be paid by 5th April!
Posted by Jon Pryse-Jones on January 29, 2025It’s always a good idea to review your pension contributions and consider whether it would be beneficial to do a pension top up before the end of the tax year on 5th April.
New neonatal care leave and pay rules confirmed
Posted by Jon Pryse-Jones on January 27, 2025From 6th April 2025, new neonatal care leave and pay rules will come into force. We look at how your business can comply with them.
National Minimum Wage rates from April
Posted by Jon Pryse-Jones on January 27, 2025The National Living Wage (NLW) and National Minimum Wage (NMW) hourly rates increase in April. Read more to avoid a criminal conviction.
How to pay less tax – timing is everything – part two
Posted by Karen Jones on January 24, 2025When it comes to finding ways to pay less tax – timing is everything! Here we look at taking time out to consider your business’ tax planning options before 6 April each tax year.
