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Child Benefit Charge Confirmed Changes

Taxpayers will benefit from the changes made to the high-income child benefit charge thanks to all tax measures from the March 2024 Budget being enacted before parliament was prorogued.  Changes to benefit charge For 2024/25, the high-income child benefit charge (HICBC) does not apply until income exceeds £60,000, a £10,000...

The First Election Tax Stories

England’s next General Election is this week, so let’s reflect on tax plans that Labour...

Landlord Update on Renters Reform Bill

The Renters Reform Bill has finally completed its passage through the House of Commons with...

Have You Overlooked a Changed Tax Status?

With allowances frozen or cut, you may have underpaid tax for 2023/24.  Your tax position...

The Benefits of Asset Financing

Asset financing allows a business to acquire important assets, replace old equipment, or grow and expand operations without using up...
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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 on 31 January 2024 now...
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Deductibility of Training Costs

HMRC has recently published guidance to provide greater clarity about the tax deductibility of training costs for the self-employed. Apart...
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Buy-To-Let Landlords Selling Up

While the higher rate of capital gains tax (CGT) on residential property disposals has dropped by 4%, from 28% to...
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A Guide to Setting yourself up as a Consultant 

Whether you have run your own business before, are looking to change the way you work or are ready to...
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The End of Multiple Dwellings Relief

From the 1st June 2024, the abolition of multiple dwellings relief under stamp duty land tax (SDLT) will stop disputes...
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