February 13, 2023
Limited Company incorporation – is it worth it?
Whether just starting out, or established sole trader, you may be wondering if limited company incorporation is right for you. The truth is, it depends on your circumstances and what you want to achieve with your business. In years previous, limited company incorporation was often the clear-cut winner. Yet, given
January 25, 2023
Register of Overseas Entities: What you need to know
The new Register of Overseas Entities (ROE) came into effect on 1 August 2022. It affects overseas entities who own, or who intend to buy, sell or transfer UK property or land. The requirements apply to entities who purchased UK property or land on or after 1 January 1999, in
January 6, 2023
Tax & business news: January round-up
As we find ourselves at the beginning of another new year, doing our best to pick up where we left off before the festivities, we thought a round-up of the most important tax and business news for January 2023 was fitting. Tax News #1: Self-Assessment: file or fine? It wouldn’t
November 23, 2022
Bookkeeper vs Bookkeeping software: Time to outsource?
Whether to outsource to a bookkeeper is a decision that should be made in the best interests of your business, and with an awareness of what you need from them in order to thrive. Whatever the size of your business, or industry you’re in, monitoring your finances and maintaining your
October 25, 2022
Tax advisers: Choosing the right one
Whether your tax affairs are straight-forward or complex, tax advisers can act and liaise with HM Revenue & Customs (HMRC), on your behalf. Doing your homework, however, when it comes to choosing the right one for you, is imperative. In particular, you should bear in mind that it is possible
August 17, 2022
Company car tax comparison for employees
Company cars in the traditional sense have not always been the most tax efficient reward to offer a workforce. However, as part of its green agenda, the Government want to encourage the use of electric vehicles (EVs) and hybrid models, and so the tax system that applies to these cars
August 8, 2022
Capital Gains: Separation and transfer of assets
For separating or divorcing spouses, HM Revenue & Customs (HMRC) has announced important changes to Capital Gains Tax rules relating to transfer of assets. Currently, assets transferred between cohabiting spouses and civil partners are subject to “no gain or no loss” treatment. The treatment applies in any tax year in