LATEST NEWS

Welsh Budget 2024-25
The Welsh draft Budget for 2024-25 was published on 19 December 2023. The Budget sets out the Welsh government’s revenue
Scottish Budget 2024-25
Scotland’s Deputy First Minister and Finance Secretary, Shona Robison delivered her first Budget statement to the Scottish parliament on 19
Flat Rate Scheme annual review
If using the VAT Flat Rate scheme, businesses pay VAT as a fixed percentage of their VAT inclusive turnover. The
Spring Budget 2024
The Chancellor of the Exchequer, Jeremy Hunt has confirmed that the next UK Budget will take place on Wednesday, 6
What happens if your income exceeds £100K 2023-24?
If you earn over £100,000 in any tax year your personal allowance is gradually reduced by £1 for every £2
Utilise your 2023-24 IHT reliefs
We wanted to remind you of the Inheritance Tax (IHT) implications of making cash gifts during the current 2023-24 tax
Do you need to register for VAT in 2024?
The taxable turnover threshold that determines whether businesses should be registered for VAT is currently £85,000. The taxable turnover threshold
Be wary of rogue business rates agents
The government Valuation Office Agency have issued the following warning to business owners who may have received unprompted approaches by
Claiming relief for work related expenses
If your employer has reimbursed you in full for any work related expenses you will obviously be unable to make
Tax and duties on goods sent from abroad
There are special rules to ensure that goods sent from abroad are taxed appropriately and to ensure that UK businesses
Tax consequences of loans to employees
An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference
Employing staff for first time
There are a multitude of rules and regulations that you must be aware of when you start employing staff for