Tax News

PAYE Settlement Agreement deadline – 5 July 2025

PAYE Settlement Agreement deadline – 5 July 2025

Date posted: 23rd Jun 2025

If you need to apply for a 2024/25 (tax year to 5 April 2025) PAYE Settlement Agreement (PSA), then you need to apply to HMRC by 5 July…

Read
What penalties apply to the late filing of the 2023/24 tax return?

What penalties apply to the late filing of the 2023/24 tax return?

Date posted: 16th Jun 2025

If you’ve not yet filed your 2023/24 Self Assessment tax return, it’s vital to act quickly—daily penalties of £10 are now being charged by HMRC for each day…

Read
Don’t forget to take tax advice when starting a new company

Don’t forget to take tax advice when starting a new company

Date posted: 16th Jun 2025

It’s a familiar story: an entrepreneur sets up a limited company, gets a logo made, sorts the website, and opens a business bank account. You’re lean, you’re focused,…

Read
Should you consider a Family Investment Company (FIC)?

Should you consider a Family Investment Company (FIC)?

Date posted: 16th Jun 2025

Sometimes seen, as an alternative to a trust, Family Investment Companies (FICs) are once again emerging as a popular planning vehicle among wealthy families looking to preserve and…

Read
Reminder: P11D Deadline Approaching

Reminder: P11D Deadline Approaching

Date posted: 16th Jun 2025

The P11D filing deadline is fast approaching on 6 July 2025, and it’s essential that employers ensure all relevant benefits-in-kind (BIKs) provided to directors and employees during the…

Read
HMRC campaign to ask business owners to check their tax returns

HMRC campaign to ask business owners to check their tax returns

Date posted: 16th Jun 2025

HMRC has launched a new round of “nudge letters” aimed at individuals listed as Persons of Significant Control (PSCs) over UK companies. If you’re a PSC, this campaign…

Read
UK and overseas property businesses

UK and overseas property businesses

Date posted: 16th Jun 2025

Profits arising from land or property are treated as arising from a property business. For tax purposes, profits from land and property in the UK are kept separate…

Read
Voluntary VAT registration – are there benefits?

Voluntary VAT registration – are there benefits?

Date posted: 16th Jun 2025

Many businesses strive to keep their turnover under the VAT registration limit (currently £90,000) because not only are they wary of the additional administrative costs but also because…

Read
Jointly owned holiday lets – Should you make a Form 17 election?

Jointly owned holiday lets – Should you make a Form 17 election?

Date posted: 16th Jun 2025

The favourable tax regime for furnished holiday lettings (FHLs) came to an end on 5 April 2025.

Read
Help us to help you….

Help us to help you….

Date posted: 19th May 2025

You may have recently received our tax return checklist letter requesting details of what we need to complete your 2024/25 tax return.  Although the deadline isn’t until January,…

Read

IT ALL FITS, TOGETHER.

Keep Informed: enter your email...

Our Clients Include: