Posts by Paige Collins
With allowances frozen or cut, you may have underpaid tax for 2023/24. Your tax position may have changed for the last year without you really noticing. Consider the following: Tax Year 2021/22 2023/24 2024/25 Personal allowance £12,570 £12,570 £12,570 Dividend allowance £2,000 £1,000 £500 Personal savings allowance £1,000 max* £1,000...
The Benefits of Asset Financing
Asset financing allows a business to acquire important assets, replace old equipment, or grow and...Daily Penalties Come in for Late Self-Assessment Returns
Around 1.1 million taxpayers who failed to submit the self assessment tax return for 2022/23...Deductibility of Training Costs
HMRC has recently published guidance to provide greater clarity about the tax deductibility of training...
While the higher rate of capital gains tax (CGT) on residential property disposals has dropped by 4%, from 28% to...
Whether you have run your own business before, are looking to change the way you work or are ready to...
From the 1st June 2024, the abolition of multiple dwellings relief under stamp duty land tax (SDLT) will stop disputes...
New calculations issued alongside the Spring Budget show just how higher rate taxpaying status is becoming ever more common. The...
New research has put some surprising numbers on the income needed in retirement. Each year since 2019, the Pensions and...
The fees associated with incorporating and maintaining a company will rise from 1 May 2024, due to an increase in...
