National Insurance Contributions
To qualify for a full state pension you need to have 35 years of National Insurance contributions. Y...
Budget 2024
The main tax change in today’s budget is the plan to increase Employers NI by 1.2% to 15% from Apr...
Claiming the Marriage Allowance
Are you claiming the marriage allowance27/06/2024 The marriage allowance can be claimed by marr...
Selling a UK Property
An individual who sells a UK residential property which is not their main home must report the capit...
Business Asset Disposal Relief ( BADR)
An individual selling a business ( or in some instances part of a business) can benefit from a Capit...
Directors Remuneration
The most tax and NI efficient way to remunerate director shareholders is to pay an annual salary at ...
Sole Trade v Limited Company
The tax advantages of running a business through a company as opposed to being a sole trader have di...
2023-24 Tax returns
The filing deadline for 2023-24 tax returns is the 31st January 2025. This is also the date for payi...
Making Tax Digital for Income Tax
From the 6th April 2026 sole traders and individuals with property income will have to follow the re...