The 6th of April has come round again as fast as ever, signifying a new tax year in the UK. As we step into the tax calendar 2024/25, it's crucial for self-employed individuals, business owners and anyone receiving income that is not taxed at source to mark their calendars with the key self-assessment tax return dates ..read more

Selling your business is a significant milestone, whether you're seeking a new adventure or considering taking a step back from working life. It's exciting but, at the same time, can also be daunting as you tackle new challenges ..read more

Cybersecurity is not just a concern for large corporations. If you run a small business that uses digital tools or works online, then making sure this activity is secure is vital for you, too. Small business cybersecurity is often overlooked due to limited resources or budget, yet this inaction makes your business even more vulnerable ..read more

Are you a UK self-employed business owner considering an electric vehicle for your operations? If so, understanding the tax relief available on electric cars could greatly benefit your business's financial planning. This guide outlines the key aspects of tax relief on electric vehicles in the UK for the self-employed, aiming to help you make the most informed decision for your business needs ..read more

With household bills in the UK remaining well above pre-pandemic levels, managing expenses continues to be challenging. One area that often goes overlooked is council tax on unoccupied properties. Whether you've acquired a new property that needs refurbishing or you're between tenants, understanding how to avoid paying council tax on an empty property can lead to significant savings ..read more

In the UK, there are many small business grants designed to support your SME in boosting its growth, developing its products, and more. Navigating the maze of options can be daunting, but the financial benefits are well worth the effort. To help you, here's our guide to five of the best small business grants available ..read more

Making the transition from a sole proprietorship or partnership to a UK-limited company is a significant step in the evolution of your business. Becoming a limited company not only elevates your brand's professionalism but can also offer the advantage of limited liability protection and potential tax benefits (both under certain circumstances ..read more

Business owners often wear multiple hats, from managing day-to-day operations to making complex strategic decisions. Among these decisions may be selling company assets to yourself. But is this something you can do ..read more

In the November 2022 budget, changes in Capital Gains Tax were announced that would be staggered across 2023 and 2024. While it may seem daunting, navigating the latest changes in Capital Gains Tax is crucial for those looking to maintain a healthy financial profile. In this blog, we delve into how the Capital Gains Tax changes in 2023 and 2024 may affect your finances and look at strategies for mitigating the impact ..read more

January does not just bring a new year; it is also the month when your tax return is due, with the tax return deadline 2024 being midnight on 31st January. This annual obligation is essential to ensure you're paying the right amount of tax based on your financial activities throughout the year. However, it can cause a little stress and confusion ..read more