High risk, all eggs in one basket
There may be an argument for securing income from multiple sources. Here are some ideas for income streams you may be able to cultivate…
More corporate red tape
We are still waiting for the government to introduce secondary legislation that will oblige directors and others with significant control to verify their identity…
New employment protections
Employment protection changes enacted from 6 April 2024 for England, Wales and Scotland…
Opening up small company reporting
Companies House are working on detailed changes that will require small and micro sized companies to file information about their turnover and profits at Companies House…
Boost for small businesses
In a recent press release, HMRC underlined the benefits to smaller businesses from the increase in the VAT registration threshold and the business rates freeze…
A new acronym – MTD Making Tax Digital
Eventually, pretty well all of the information presently submitted to HMRC on a formal tax return will be delivered automatically by software direct to HMRC servers…
Underlining planning options for FHL owners
While a deadline in a year’s time may seem a long time away, taking action to mitigate future taxes or undertaking changes during the 2024-25 tax year will require “what-if” analysis…
Journey out of debt
Hopefully, this post will be of help to individuals that find themselves in debt and are struggling to keep up with repayments…
Is this a good time for property owners?
The recent Spring Budget did little to make the life of those letting, buying or selling property any easier…
Stand out from the crowd
When your results evidence success, and you are in a minority at that time, then you will stand out from the crowd…
Child Benefit claw-backs
One of the more impactful changes in the recent budget was the easing of the High Income Child Benefit Charge. Up to 5 April 2024, this has been recovering Child Benefits received by parents if the total income of one or more parent exceeded £50,000. Basically, parents with income between £50,000 to £60,000 have had … Read more
