Tax News

Are you one of the many unaware of the upcoming Inheritance Tax changes?


Recent research by Canada Life has revealed a knowledge gap surrounding changes to Inheritance Tax (IHT), set to come into ...

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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 ...

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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 ...

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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 ...

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Prepare for major changes to Agricultural and Business Property Relief


The recent Budget introduced updates to Agricultural Property Relief (APR) and Business Property Relief (BPR) under Inheritance Tax (IHT). Aimed ...

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Christmas cheer or tax liability? How trivial benefits impact your business


With Christmas right around the corner, many of you might be looking into ways to spread the holiday cheer among ...

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Should you buy a double cab pickup before April?


If you are a sole trader or small business owner using a double cab pickup (DCPU) for your work, now ...

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What is the most tax-efficient salary choice for you after the Budget?


Directors have the ability to draw income from a business in several ways, including through the extraction of profits from ...

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I am unable to pay my Income Tax bill – What can I do?


Sometimes, paying your tax bill on time can be difficult when costs are high. If you miss a payment deadline ...

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