Spring Statement March 2025
The upcoming Spring Statement, scheduled for March 26, 2025, is shaping up to be a pivotal moment for Chancellor Rachel...
20 Cash Flow Warning Signs Small Business Owners Cannot Ignore
Cash flow is the lifeblood of any small business, and keeping an eye on certain indicators can help business owners...
Understanding the Profit Breakeven Point
For any business, knowing when it will start making a profit is crucial. The profit breakeven point is the moment...
Tax Diary February/March 2025
1 February 2025 – Due date for Corporation Tax payable for the year ended 30 April 2024. 19 February 2025...
Self-employed must report profits on tax year basis
Big changes are here for the self-employed! From 2024-25, profits must align with the tax year, replacing the old “current...
Claiming VAT on pre-registration purchases
Businesses can reclaim VAT on pre-registration expenses if they relate to taxable supplies made after VAT registration. The rules differ...
Rolling over capital gains
Business Asset Rollover Relief allows you to defer Capital Gains Tax (CGT) when reinvesting proceeds from selling business assets. By...
Selling online and paying tax
Selling online? Whether it’s a hobby or a business, you may need to pay tax if your earnings exceed £1,000....
What expenses can be claimed against rental income?
Are you a landlord? Maximise your rental income by knowing which expenses you can claim to reduce your tax bill....
Pension reforms announced
The UK government is shaking things up with some significant pension reforms aimed at boosting economic growth and enhancing pension...
