Companies spared tax rise
The new Chancellor Kwasi Kwarteng has decided to keep the main rate of corporation tax at 19% at all profit levels.
Paying your income tax bill
Many self-employed people will find January 2023 a tough month as it is predicted that domestic fuel bills will increase again and income tax payments will be due.
MTD for income tax is nearly here. Get ready for MTD!
Making Tax Digital (MTD) is moving along at place, taking effect for income tax for many from April 2024. What else is on the horizon for business and what can you do to get ready for MTD?
Preparing for MTD for income tax
Let’s discuss how you can best prepare your business for MTD for income tax.
Car or van questions
When completing the annual expenses and benefits return (P11D) you need to know what company-provided vehicles each employee and director used in the tax year.
Reporting employee expenses
It is time to report the expenses and benefits provided to employees during the year to 5 April 2022.