Have you recently received a letter from HMRC regarding your unreported online marketplace sales? Don’t worry, I’m here to guide you through the process in a clear and accessible manner. The first thing to note is that if you’ve made a profit...
Are you a small business owner who files accounts with Companies House in the UK? If so, you should know that the Economic Crime and Corporate Transparency Bill is about to bring some significant changes to the way you do things. The legislation aims to increase...
Limited Companies vs Self-Employment: Is it Still Worth it with All the Changes in Taxation? There’s no question that being your own boss and running your own business has its appeal. It’s a dream that many people strive to achieve, but with all the...
With the Spring Budget just recently announced by Chancellor Jeremy Hunt, we have put together a summary to highlight the key points that may affect you and your business. In his first Budget to Parliament, the Chancellor set out a plan to halve inflation, grow the...
Loading... Taking too long? Reload document | Open in new tab Download here! [526.96 KB] Summary OBR Forecast for inflation 9.1% in 2022, and 7.5% in 2023. Unemployment at 3.6% today, forecast to rise to 4.9% 2024. Tax The top rate of tax will be lowered from...
In this blog, we cover some tips and tricks to help you run your business as tax efficient as possible! HMRC have recently updated their guidance for companies looking to attract investors to buy shares in their company. If structured correctly, and if the company...
