News & Press

What Are Tax Preparation Services?Tax preparation services are professional services designed to ensure that businesses comply with UK tax law while making the most of available reliefs and allowances.For limited companies, this primarily...

As some of you may (or may not) have heard, HMRC have been pioneering a way of making tax and VAT reporting more autonomous in line with the digital enhancements in technology in recent years.This has included the implementation of online...

Many individuals pay into a pension scheme each year, whether through their employer, making their own contributions into a private scheme or a combination of both.However, what most taxpayers don’t know is that there is both a life time...

All businesses face tax challenges but within certain sectors there are specific issues that are very common across many firms. The bio-tech sector is one in which there are a number of such common themes including the need to raise funds,...

It is important to be aware of UK tax obligations before you register a company.  It is beneficial for those who aren’t as familiar with UK tax to contact a Chartered Tax Advisor or Tax Accountants. The first concern is usually Corporation...

From April 2026, many sole traders and landlords will need to keep digital records and send quarterly updates to HMRC using compatible software. This will change how affected businesses manage their tax records, report income and expenses,...

Most businesses offer some form of entertainment for their staff as a normal part of business operations to reward, incentivise or encourage their employees. The tax issues in this area are often misunderstood, resulting in many questions,...

Most taxpayers are familiar with the Self-Assessment system which HM Revenue and Customs (HMRC) uses to collect Income Tax from individual taxpayers. This system has been in place for many years in order for the Government to collect taxes...

New legislation was introduced in 2017 to tackle the issue of salary sacrifice arrangements where such arrangements result in a loss of tax to HMRC. This affects employers who offer benefits in kind to employees, or allowance payments,...

For some small businesses, staying as a sole trader is simple, flexible and cost-effective. For others, setting up a limited company may offer tax planning opportunities, greater credibility and better protection as the business grows.There...