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Pensions usually fall outside of your estate. Inheritance tax was thought to be ripe for reform in last year’s Autumn Budget but, as it happened, it was left untouched for another tax year. What that means is the £325,000 nil-rate band has been in place since 2009,...
Product leaks - we all have them. 😱 We rarely think about them. 😱 They sneak up unawares. 😱 Do you recognise any of these in your business? If you know this is a profit leak in your business, start your 14 day free trial and join me in Profit...
From £200k annual loss to £200k monthly profit, The importance of knowing your numbers and finding your profit path.
Why is profit sooooooo important? It pays for all the necessary stuff It pays for all the nice to have stuff It pays for all the emergencies and unexpected costs that life throws at you It pays for all the fun stuff Having enough profit to cover all of the above is...
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights HMRC waives penalties again for late self-assessment Omicron-hit...
Tax-efficient advice for limited company directors. Believe it or not, there are more than 4.7 million limited companies registered in the UK, including the 810,316 incorporations that signed up in 2020/21. Only around 2m are actively trading, but the number of new...
Business structures are essential for tax purposes. If you’re looking to join the 4.3 million people in the UK who made the jump into self-employment, you might be wondering how to start your new business. Assuming you’ve weighed up the pros and cons involved and...
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights HMRC issues last reminder for 2020/21 personal tax returns One in...
Delving into recent changes that affect the CIS. The construction industry remains one of the UK’s key sectors, which also helps to underpin the UK economy, despite experiencing the effects of the COVID-19 pandemic. In September 2021, construction output grew by 1.3%...
Everything you need to know before April 2024. Making Tax Digital for income tax (MTD for ITSA) looks certain to affect sole traders and landlords from April 2024, following the recent news of a one-year delay. This was the latest in a long line of delays and...