With the planned abolition of the Furnished Holiday Let (FHL) tax regime in April 2025, owners of FHL properties are facing changes to how their properties are taxed. So, what are these changes and what will the implications be for claiming ...
READ MOREA new Government, a new Chancellor and a new approach to the UK’s fiscal policies. Rachel Reeves entered her first Budget with a strong message that her measures would lead to “an economy that is growing, creating wealth and opportunity for ...
READ MOREIn recent reports, former Prime Minister Sir Tony Blair has forecasted potential tax increases that could have an impact on businesses across the UK. The Tony Blair Institute's chief economist predicts taxes may need to rise by 1.9 percentage points of ...
READ MOREWill Labour's agenda in the King's Speech signal major tax changes for businesses in 2025? As the opening of Parliament approaches on 17 July, businesses across the country are bracing for the King's Speech, which is expected to outline the Labour ...
READ MOREThe number of electric cars on our roads is rising rapidly. In 2023 alone, the number of new electric vehicles rose by 18 per cent and there are now some, 1.1 million fully electric cars on UK roads, according to ...
READ MOREWhen your business takes on a new employee, we know that you’re eager to get them settled into their role – but not before you’ve completed the right checks and set them up in your payroll system! If you ask for ...
READ MOREAre you considering launching a seasonal business? If so, you are beginning an exciting journey that comes with its own set of unique challenges and opportunities. Understanding the differences in seasonal commerce is crucial for success. Whether you are opening an ...
READ MOREIf you’ve invested in a property to let and furnished it, you will be liable to pay tax on the income you receive from letting the property out. However, you may be able to claim some allowable tax reliefs and deductions. The ...
READ MOREIf your business has a turnover of £90,000 or more and sells products or services subject to VAT, then you must register to pay it and file a return to HM Revenue & Customs (HMRC) - at least once every ...
READ MOREWith the new tax year underway, it’s time to review your payroll to ensure that it reflects the latest changes and updates to legislation around pay, holiday and tax. The new financial year is a busy time for employers and business ...
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