How tax wrappers can mitigate the impact of rising Capital Gains Tax
The Autumn Budget brought unwelcome news for investors, with the Government announcing immediate increases to Capital Gains Tax (CGT) rates.
Category Blogs
Is your business prepared for increased HMRC scrutiny?
Recent figures show that HM Revenue & Customs (HMRC) recovered £45.7 billion in tax probes in 2024, a £10 billion increase from the previous year.
Is your business environmentally sustainable? Why going green can improve your bottom line
For business owners, sustainability might have been something viewed as a nice-to-have or a PR exercise in the past, but because the regulatory landscape is changing fast, businesses that do not get ahead of these changes risk being left behind.
Double cab pickups – How long will they be taxed as vans and when will they switch to car tax rules?
For years, double cab pickups have benefited from being classified as goods vehicles for tax purposes, allowing businesses to enjoy lower benefit-in-kind (BIK) rates.
HMRC’s bookkeeping shake-up: New rules for 2025 and beyond!
As the 2025/26 tax year approaches, it brings several significant changes to HM Revenue & Customs’ (HMRC’s) rules that will impact your business operations, financial reporting, and tax management. Here is a quick rundown of the new rules that are…
Confusion on savings interest – HMRC weighs in
HM Revenue & Customs (HMRC) has clarified that if your earnings from interest exceed £10,000, tax may apply depending on the account type. This clarification came when a customer reached out to the tax authority on X to see if…
Become an eco-conscious business – Taking advantage of Climate Change Agreements
Taking advantage of green tax reliefs is a good way to reduce how much Climate Change Levy tax (CCL) your business pays. To get these reliefs, your business will need to operate in a more environmentally friendly way. Any business…
Sole traders – Is there a benefit to van ownership?
As a sole trader, it is only natural to look for opportunities to save money and maximise your earnings. One effective strategy is to consider buying a van, as sole traders can benefit from tax deductions on business-related expenses through…
What are the risks with directors’ loans?
A director’s loan is money taken out of a company by a director that is not a salary, dividend, expense reimbursement or money that has previously been paid into or loaned to the company. A record of money borrowed or…
Is 2025 your year to incorporate? Here are our top tips
Nearly 900,000 companies were incorporated in 2024 – an 11.2 per cent increase compared to 2023. More entrepreneurs are recognising the benefits of limited companies. The advantages of limited companies include limited personal liability, mitigated taxation and greater exposure to…