End of Tax-Year Planning
As the end of the calendar year approaches, it’s easy to think tax planning can wait until the spring. But by November, you’re already halfway through the 2025/26 tax year and that means there’s still plenty of time to make…
National Insurance Explained
When you see “National Insurance” (NI) on your payslip, it’s easy to think of it as just another tax deduction but it’s much more than that. National Insurance contributions (NICs) play a vital role in funding key public services and…
The Most Common Client Questions (and How We Answer Them)
Running a business is exciting but the UK tax system can be confusing. Over the years we’ve noticed the same questions come up again and again. Here’s how we typically respond so you have all the answers. 1. Should I…
What’s New in the 2025/26 Tax Year?
As we are at the start of the new tax year since 6 April 2025, it’s a great time to get familiar with the latest changes that may affect your finances—whether you're a business owner, self-employed, or simply managing your…
Common Tax Mistakes to Avoid in the New Tax Year
As the new tax year begins, it’s the perfect time to get your finances in order and ensure you’re making the most of available tax benefits. However, many individuals and businesses fall into common tax traps that can lead to…
Self-Assessment Deadline: Last-Minute Tips for January 31st
January 31st is a crucial date for millions of taxpayers in the UK—the self-assessment tax return deadline. If you’re feeling the pressure to get everything sorted before the clock runs out, don’t worry! Here are some last-minute tips to help…
October Budget 2024: Key Implications for Businesses
The UK government’s October 2024 budget announcement has introduced several measures with direct implications for businesses across sectors. Below is a breakdown of the budget's highlights, covering tax changes, incentives, and regulatory updates to help companies understand potential impacts and…
Spring Budget 2024: Key Takeaways
In his Spring Budget statement on March 6, 2024, Chancellor Jeremy Hunt outlined significant changes in personal taxation and provided insights into upcoming tax administration measures. Here's a breakdown of the key highlights: Personal Tax Changes: Major personal tax changes…
6 ways to set yourself up for success this new tax year
There’s no such thing as too organised, especially when it comes to your business or personal finances. The start of a new tax year is the perfect time to assess your finances and make sure you are setting yourself up…
Tax-Free Limit to Increase: Pensions to Receive Boost in Budget
The UK government is planning to increase the amount of money that workers can save in their pension funds without having to pay extra taxes. Currently, this amount is £1.07 million over a person's lifetime, but it is expected to…