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10 Chartered Accountants

News

Too many businesses falling into VAT traps
24 April 2025

VAT is complex, and too many businesses are making costly, avoidable mistakes.
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900,000 sole traders pulled into MTD for ITSA
24 April 2025

The Government has confirmed that Making Tax Digital (MTD) for Income Tax will apply to sole traders and landlords earning over £20,000 a year.
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Labour introduces harsher penalties for late taxpayers
24 April 2025

The Chancellor’s Spring Statement introduced harsher penalties for late taxpayers under Making Tax Digital for Income Tax Self Assessment (MTD for ITSA).
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Should you submit your tax return at the start of this tax year?
24 April 2025

Submitting your Self-Assessment tax return at the start of this tax year is a great way to manage your tax bill effectively.
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Why capital allowances should be top of your to-do list this April
24 April 2025

The new financial year will see many of the proposed changes announced in the Autumn Budget enacted, impacting businesses across the country.
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Change to dividend reporting to affect thousands of owner-managed businesses
24 April 2025

From 6 April 2025, many directors will need to report dividend income in much more detail in their Self-Assessment tax return.
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Planning your exit? Watch out for the BADR changes
20 March 2025

If you are thinking about selling your business, timing could be everything.
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Paying your employees will cost you more after 6 April
20 March 2025

From 6 April 2025, changes to employer National Insurance Contributions (NICs) will take effect, increasing payroll costs for many businesses.
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Why you need to meet with your accountant before April
20 March 2025

As the end of the tax year approaches, it is a good time to review your personal tax position and ensure you are making the most of available allowances.
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Upcoming Inheritance Tax changes that could affect you
20 March 2025

Upcoming changes to Inheritance Tax (IHT) will be phased in over the next two years.
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