From a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard in business development and growth – but is this still the right move?
The start of the 2024/25 financial year saw the Capital Gains Tax (CGT) Annual Exempt Amount fall to a historic low of £3,000, down from £6,000 the previous year.
April marks both the start of the 2024/25 tax year and Stress Awareness Month – a coincidence not lost on those of you who are turning your attention to tax planning for the coming year.
If you’re concerned about how rising costs will impact your SME, you’re not alone.
As a business owner, you are probably aware of some of the expenses that you could claim back on in your yearly Self-Assessment tax return.
We are now only 100 days away from the Self-Assessment tax deadline on 31 January 2024.
Management accounts are vital in keeping on top of your business’s performance. But what are they, and how do they work?
In the dynamic world of business, financial foresight is not just a luxury; it’s an essential ingredient for success.
Mixing personal and business finances is a common mistake that many entrepreneurs, freelancers, and small business owners make.
HM Revenue & Customs (HMRC) recently announced that Inheritance Tax (IHT) receipts were up by £200 million between April to July 2023, making this a record high.