What will Rachel Reeves unpack in her Spring Statement
As we approach the end of March 2025, anticipation builds around Chancellor Rachel Reeves’s upcoming Spring Statement. Given the current...
Wish for the Best and Plan for the Worst
As an accountant, we’ve seen businesses thrive-and seen them struggle. One key difference between those that weather storms and those...
Health services exempt from VAT
Health professionals providing medical services may be exempt from VAT if their work falls within their registered profession and primarily...
Tax-free redundancy payments
If redundancy strikes, you could receive up to £30,000 tax-free. Whether it’s statutory or a more generous employer offer, understanding...
Is your extra income taxable?
HMRC has launched a new “Help for Hustlers” campaign to help people who are earning extra income, figure out if...
When is a hobby a business
Not sure if your hobby is actually a taxable trade? HMRC uses ‘badges of trade’ to assess whether an activity...
UK residence and tax issues
The UK’s shift to the Foreign Income and Gains (FIG) regime from April 2025 changes how foreign income is taxed....
Tax Diary March/April 2025
1 March 2025 – Due date for Corporation Tax due for the year ended 31 May 2024. 2 March 2025...
Progress in gender equality in top companies
The UK is making significant strides in promoting gender equality within its top companies. According to the latest FTSE Women...
Great news for the UK legal sector
On 24th February 2025, the Arbitration Act received Royal Assent, marking a significant milestone in modernising dispute resolution in England...