Essential tax compliance for limited companies Tax deadlines and penalties for limited companies SPOTLIGHT ON: Tax deadlines and penalties for limited companies Essential tax compliance for limited companies Managing a limited company requires meticulous attention to regulatory obligations, particularly with regard to tax and accounting. [...]
Debt Management Strategies Practical and effective steps to manage debt SPOTLIGHT ON: Debt management strategies Practical and effective steps to manage debt Managing debt effectively is an increasingly crucial component of personal financial health in today’s economic climate. With rising living costs and the easy [...]
News Round-up May 2024 News Round-up May 2024 House prices grow slowly in March Higher mortgage rates affect affordability as the cost of buying a home strains budgets. Nationwide has reported a mixed picture of the housing market. On average, property prices increased 1.6% from [...]
Cashflow management advice Cashflow management advice SPOTLIGHT ON: Managing cashflow: Tips for small businesses Cashflow management advice Managing cashflow effectively is critical for the survival and growth of your small business. It’s about planning, monitoring and controlling the money coming in and going out of [...]
Personal Tax Planning Navigating your finances with confidence SPOTLIGHT ON: Personal tax planning in 2024/2025 Navigating your finances with confidence As we step into the 2024/25 tax year, it’s now more important than ever to take a proactive approach to managing your personal finances. Whether [...]
News Round-Up April News Round-Up April UK house prices rise as interest rates fall The average house price increased by 1.2% compared to last year, climbing to an average of £260,420. The last growth was seen in January 2023. In February, UK house prices experienced [...]
Tax Card 2024/25 Tax Card 2024/25 Tax Card 2024/25 INCOME TAX ALLOWANCES 2024/25 2023/24 Personal allowance* £12,570 £12,570 Personal savings allowance Basic-rate taxpayer Higher-rate taxpayer Additional-rate taxpayer £1,000 £500 £0 £1,000 £500 £0 Dividend allowance at 0% £500 £1,000 Marriage/civil partner transferable allowance** £1,260 £1,260 [...]
SPRING BUDGET 2024 SPRING BUDGET 2024 SPRING BUDGET 2024 INTRODUCTION With the UK entering a technical recession at the end of 2023 and a general election on the cards this year, Chancellor Jeremy Hunt was under pressure to deliver a Spring Budget that demonstrated fiscal [...]
News Round Up March News Round Up March HMRC clamps down on undeclared dividend earnings Starting on 4 February 2024, HMRC is writing to company owners regarding the potential under declaration of dividend income. The correspondence is prompted by a decrease in company reserves despite [...]
Year-end tax guide 2023/24 Year-end tax guide 2023/24 Year-end tax guide 2023/24 How to use this guide The conclusion of the 2023/24 tax year prompts us to reflect on some of the notable developments in the fiscal landscape. This past year has been marked by [...]
