It’s no secret that tax can be confusing. However, there is a misconception that, if you need to file a self-assessment tax return, you must hire an accountant to prepare the return for you. This article discusses what it is exactly an accountant does, and explores situations when engaging an accountant or tax agent can […]

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It can be easy to become confused by all the jargon associated with tax returns, whether it’s trying to understand if a tax return is required, to deciphering when a tax return needs to be filed and any associated tax paid. This article offers a comprehensive look at tax returns for individuals and companies, answering […]

While most taxpayers understand that their income is subject to Income Tax, many are not so certain how to treat a sale of a capital asset, such as a property (that’s not your home) or shares. What’s more, changes to Capital Gains Tax (CGT) reporting over the past few years have further complicated matters, and […]

It’s pay day. You look at your payslip, but something doesn’t appear to be right. You ask yourself: ‘Have I paid too much tax?’ The same may have happened when your Self Assessment calculation arrived from HMRC. It’s quite possible that, for one reason or another, you may have paid too much at some stage […]

This guide takes you through the fundamentals of Corporation Tax in the UK, helping you make sense of a core component of business taxation and answering questions you might have. Whether you are a start-up encountering corporate tax for the first time, an established business looking to understand your finances better, or an accountant wanting […]

Following delays that resulted from the COVID-19 pandemic, the changes to off-payroll legislation (IR35) are now once again right around the corner. Is your firm ready to deal with IR35? Don’t worry if not, we’ve compiled all the information you need to be aware of before April 2021. IR35, what’s happening? IR35, as outlined by […]

We’ve all been there at some point or another. Whether it’s because you’ve recently moved jobs, you’ve had a change to your personal allowance, or your marital status has changed, it’s an inevitability that you will need to change your tax code at some point.  You may also need to check your tax code to ensure it’s correct and up to date. Even […]

As we witness the rapid rise of robots, as we watch the unfolding crisis and chaos at Westminster over the Brexit saga, and as we see the demands of clients and staff constantly evolving, the dizzying rate of change is enough to send our heads into a collective spin. Keeping pace with our ever altering […]

As the dreaded January busy season looms, it’s essential that you think about how to prepare yourself to avoid it having repercussions for your health and your practice. We’re talking about burnout – recognised as an “occupational phenomenon” by the World Health Organisation (WHO). It’s more than just ‘being stressed’. Burnout could severely disrupt your […]