Making Tax Digital (MTD) is a HMRC initiative that will soon transform how landlords record and report their rental income.
What limited companies can and cannot claim as business expenses
As a limited company operating in the UK, accurately identifying allowable business expenses is essential for reducing corporation tax liability
Understanding the Hidden Costs of Divorce in the UK
When a marriage ends, many are unprepared for how divorce affects their tax position. Understanding the interaction between relationship breakdowns
Should You Start a Family Business? Pros and Cons Explained
Starting a family business offers the appeal of blending shared goals with trusted relationships. But like any venture, it comes
Latest Updates to the Employment Allowance in 2025
The Employment Allowance is a vital tax relief for UK businesses, designed to reduce the cost of employer National Insurance
What is Making Tax Digital for Income Tax?
Making Tax Digital (MTD) for Income Tax is a transformative initiative by HM Revenue and Customs (HMRC) to modernize the
Should SMEs Start Using Cryptocurrency?
Cryptocurrency is no longer a fringe concept. With growing mainstream interest and technological adoption, some small and medium-sized enterprises (SMEs)
Salary vs Dividends: What’s the best option for company directors?
Company directors who are also shareholders often face the question of how best to extract profits from their limited company
What to do if HMRC makes a mistake
Mistakes made by HM Revenue & Customs (HMRC) can be stressful for individuals and businesses alike. Whether it’s a miscalculated
What SMEs need to know about exporting to Europe
For many UK small and medium-sized enterprises (SMEs), exporting to Europe remains a crucial opportunity for growth. Despite the changes