by admin | Mar 7, 2024 | Government Budgets
The Chancellor of the Exchequer, Jeremy Hunt, delivered his budget statement in the House of Commons on 6th March 2024. This sets out the tax and spending plans for the coming year. We’ve summarised the key tax points below. Income tax The controversial “non-dom” tax...
by admin | Jan 5, 2024 | Government Budgets, Tax Compliance
What is the “side-hustle tax” and do I need to be worried about it? From 1 January 2024, online marketplace sites like eBay, Uber, Vinted, Airbnb and others are required to report their sellers’ sales details to HMRC. HMRC has always been able to request this data,...
by admin | Dec 21, 2023 | Government Budgets
The Scottish Government’s Finance Secretary, Shona Robison, set out her budget for 2024/25 on 18th December 2023. This was in the wake of the UK budget being announced on 22nd November 2023, where the Chancellor, Jeremy Hunt, announced a reduction in National...
by admin | Nov 23, 2023 | Government Budgets
The UK Government’s Chancellor, Jeremy Hunt, delivered his Autumn Statement to the House of Commons on 22nd November 2023. In his speech, he announced major changes to National Insurance and extensions to Corporation Tax reliefs. There’s a lot to unpack, but we’ve...
by admin | Jul 10, 2023 | Hints & Tips, Tax Compliance
Financial statements and accounts can be confusing, and it’s easy to focus on profit above everything else. It’s important to consider what your financial statements are telling you, as these can prove valuable insights into running your business, and can help you to...
