News

Unused pension funds and IHT from April 2027

From 6 April 2027, new measures first announced in the Autumn Budget 2024 will come...

What if your pension contributions are excessive?

You can claim tax relief on pension contributions up to 100% of earnings, but exceeding...

MTD for IT taxpayer exemption

From April 2026, the self-employed and landlords must use MTD for IT, but exemptions may...

Corporation tax roadmap

With a £50bn shortfall looming, the Chancellor may need to revisit last year’s Corporation Tax...

What are the current Income Tax bands and allowances?

Income Tax applies to earnings, pensions, savings, dividends and more, with different bands across the...

How to gain a competitive advantage

In every market, businesses face competition. Some competitors may be larger, others may have deeper...

Why increasing an overdraft to fund losses is a dangerous game

Many business owners see their bank overdraft as a flexible safety net. When cash runs...

Tax Diary September/October 2025

1 September 2025 - Due date for corporation tax due for the year ended 30...

Applying for Home Responsibilities Protection

Did you know a missing Home Responsibilities Protection (HRP) record could reduce your State Pension...

Using the 159 helpline

If a call from your bank feels suspicious, just hang up and dial 159 to...

When dividends cannot be paid

Under the Companies Act 2006, dividends can only be paid from realised profits, never from...

What is the pension’s Money Purchase Annual Allowance?

The Money Purchase Annual Allowance (MPAA) is a pension rule designed to prevent individuals from...

What happens if you cannot pay your tax bill?

If you cannot pay your tax bill, it’s crucial to contact HMRC as soon as...

Company director disqualification

Company directors have a legal duty to act responsibly and in the best interests of...

Tripartite arrangements don’t necessarily enable an agency to escape accountability

The question was raised as to whether, in a tripartite agency relationship, an employment relationship...

Leave a Reply

Your email address will not be published. Required fields are marked *