Are you looking to sell, or have recently sold, a UK residential property but are unsure how the tax laws apply to you? In this week’s Tax Tuesday, we will be discussing everything you need to know about correctly reporting your property returns to HMRC. Capital Gains...
Following the October 2024 Budget announcements, significant changes to the National Minimum Wage (NMW) and National Living Wage (NLW) are due to take effect from April 2025. While these adjustments represent positive news for workers, they also present financial...
On the 30th of October 2024, Chancellor Rachel Reeves introduced measures to increase Employer National Insurance Contributions (NICs) as part of the Autumn Budget. This increase, combined with additional employment-related costs, has significant implications for...
Download your Autumn Budget Summary Report here Yesterday, Chancellor Rachel Reeves announced £40bn of tax rises. Some of these increases will significantly affect employment costs for SMEs from April 2025. Download our Autumn Budget Summary Report for a full round-up...
The Statutory Residence Test (SRT) is a set of rules that determine whether an individual is considered a resident in the UK for tax purposes. Introduced in April 2013, it provides clear guidelines based on an individual’s connections to the UK and the amount of time...
Self-assessment can seem daunting, especially for high-net-worth individuals with complex income streams. With so many misconceptions circulating, it’s important to separate fact from fiction to avoid unnecessary stress, missed deadlines, and potential penalties. In...
