The deadline for tax return is fast approaching. To make it as stress-free as possible, we have created this handy guide on how to file your self-assessment tax return accurately and on time. For business owners, sole traders, and self-employed individuals in the UK, this process can feel overwhelming—especially if your income sources are diverse […]
On 30 October 2024, Chancellor Rachel Reeves presented her first budget to parliament. This was a budget intended to restore stability to our economy and to begin a decade of national renewal. Investment will be funded by revised debt rules to facilitate additional borrowing and a hefty £40 billion of tax rises. Headlines included: Below, […]
In recent years, many business owners and directors have sought tax-efficient ways to extract profit from their family companies. The most common strategy was to pay a modest salary, often aligning with the £12,570 personal allowance, while taking the remaining income through dividends. The question remains – is this the most advantageous approach for saving […]
In a significant development for the business landscape, the Economic Crime and Corporate Transparency Act 2023 was passed on 26th October 2023. This landmark legislation introduces crucial changes in how small companies and micro-entities report financial information to Companies House. These changes will have a far-reaching impact on businesses, ensuring greater transparency and accountability in […]
Following our commitment to providing a full suite of expert business services under one roof, we are excited to announce our new partnership with Amped Digital Marketing, who are a highly experienced Digital marketing agency in Glasgow . Amped Digital will be helping our client improve their digital marketing and increase their revenue online. Amped […]
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