Tax News

Should you submit your tax return at the start of this tax year?


Submitting your Self-Assessment tax return at the start of this tax year is a great way to manage your tax ...

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Labour introduces harsher penalties for late taxpayers


The Chancellor’s Spring Statement introduced harsher penalties for late taxpayers under Making Tax Digital for Income Tax Self Assessment (MTD ...

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900,000 sole traders pulled into MTD for ITSA


The Government has confirmed that Making Tax Digital (MTD) for Income Tax will apply to sole traders and landlords earning ...

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Too many businesses falling into VAT traps


VAT is complex, and too many businesses are making costly, avoidable mistakes. Even a simple oversight or misunderstanding can lead ...

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Spring Statement 2025


[spring-statement-2025]

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Planning your exit? Watch out for the BADR changes


If you are thinking about selling your business, timing could be everything. Business Asset Disposal Relief (BADR), formerly known as ...

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Why you need to meet with your accountant before April


As the end of the tax year approaches, it is a good time to review your personal tax position and ...

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Upcoming Inheritance Tax changes that could affect you


Upcoming changes to Inheritance Tax (IHT) will be phased in over the next two years. With property values rising and ...

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Time is running out to check for gaps in your State Pension!


If you have had career breaks, worked abroad, or earned below the National Insurance (NI) threshold, you could have gaps ...

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