900,000 sole traders pulled into MTD for ITSA - April 2025

The Government has confirmed that Making Tax Digital (MTD) for Income Tax will apply to sole traders and landlords earning …

Labour introduces harsher penalties for late taxpayers - April 2025

The Chancellor’s Spring Statement introduced harsher penalties for late taxpayers under Making Tax Digital for Income Tax Self Assessment (MTD …

Should you submit your tax return at the start of this tax year? - April 2025

Submitting your Self-Assessment tax return at the start of this tax year is a great way to manage your tax …

Why capital allowances should be top of your to-do list this April - April 2025

The new financial year will see many of the proposed changes announced in the Autumn Budget enacted, impacting businesses across …

Change to dividend reporting to affect thousands of owner-managed businesses - April 2025

From 6 April 2025, many directors will need to report dividend income in much more detail in their Self-Assessment tax …

Spring Statement 2025 - March 2025

Chancellor Rachel Reeves today delivered her Spring Statement, outlining the Labour Government’s economic priorities and reaffirming a commitment to fiscal …

Planning your exit? Watch out for the BADR changes - March 2025

If you are thinking about selling your business, timing could be everything. Business Asset Disposal Relief (BADR), formerly known as …

Paying your employees will cost you more after 6 April - March 2025

From 6 April 2025, changes to employer National Insurance Contributions (NICs) will take effect, increasing payroll costs for many businesses. …