Keyword: Personal Tax Planning
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Cryptocurrency & Tax: What You NEED to Understand
11 October 2024Cryptocurrency investments have grown significantly in recent years, with about 6% of the UK population reportedly owning digital assets such as Bitcoin, Ethereum, Tether, and Dogecoin.
Given the potential for significant financial gains—and losses—it’s no surprise that HMRC has taken a keen interest. Estimates suggest that up to 95% of cryptocurrency holders could be non-compliant with tax regulations, putting many at risk of facing penalties if their activities are scrutinised.
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Autumn Budget 2024: Our Predictions Of What To Expect
8 October 2024With the Autumn Budget due to be announced on October 30th all eyes are looking towards the Prime Minister, Keir Starmer, and Chancellor Rachel Reeves. […]
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Working From Home Tax Relief – What You Need To Know
23 August 2024The working from home tax relief was introduced during the Covid-19 pandemic as a result of many people being told to work remotely if possible., […]
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Inheritance Tax Planning – All You Need To Know
7 August 2024Inheritance Tax (IHT) is understandably a touchy subject for many families and individuals. Once a person passes away who owns a large sum of estate, […]
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P11D forms: Here’s what you need to know before submitting you...
14 June 2024A P11D form represents a record of any employer benefits that are a part of your employment. These are usually in the form of physical items or services which the employee receives from the company in addition to a salary.
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Company Car Tax: What you need to know
3 June 2024Company Car Tax – An Overview More and more people seem to be driving company cars at the moment, however it can be fairly complicated […]
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Basis period reform: what you need to know
9 May 2024Basis period reform took place on 5th April. Tax Manger, Adam Truluck, takes a look at what this means for sole traders and partnerships.
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How we’re championing neurodivergent business owners
7 May 2024We take a more in-depth look at what the professional services industry can be doing to help fight against the ‘Neurodiversity Tax’
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FAQ- Should I move to Dubai to avoid paying tax?
22 April 2024Tax Manager, Adam Truluck offers his advice to the commonly asked question of whether it is a good idea to move to Dubai for tax reasons.