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Tax

Critical change for self-employed accounts: Cash-basis to become the default

From 1 April, the default system of accounting for self-employed individuals and trading partnerships will shift from the current accruals method to […]
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Deadline approaches to declare additional income

HMRC has issued ‘nudge’ letters specifically to online traders and those who deal with crypto-currency.
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Drinks Deposit Return Scheme set to be introduced in 2025

A new cash incentive system is set to be introduced in 2025 in England, Wales, Scotland, and Northern Ireland, targeting drinks supplied […]
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Available to watch: Autumn Statement 2023 webinar recording

On Friday 24 November, our tax experts Nicholas Smith, Rebecca Bright, Christine Newitt, and Matthew Appleyard delivered a succinct overview of the […]
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Fears for labour-intensive businesses after National Living Wage increase

What does the ‘Autumn Statement for Growth’ mean for the region’s SMEs and employers?
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UK SMEs would benefit from tax reliefs in Autumn Statement

With the Autumn Statement fast approaching, business owners across the UK are hopeful that Chancellor Jeremy Hunt will announce new measures to […]
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When are the personal tax return deadlines?

Self-assessment tax is determined by your income from the previous tax year rather than the calendar year.
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Tax implications of separation and divorce: Transferring assets to avoid unexpected tax

When a marriage or civil partnership breaks down, tax is probably the last thing on your mind. However, the tax impact on […]
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Tax implications of separation and divorce: Dividing assets between partners and the inheritance tax impact

It’s far better to make plans and take advice at an early stage during divorce proceedings, as there are a number of […]
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Tax considerations of international divorces

Whether you or the person you married is a resident of a different country, or if you have moved to another country […]
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Assets and distributions in trusts

Trusts have been used for centuries as a flexible alternative to an outright gift, and they can be a very useful tool […]
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HMRC urges taxpayers to use online tool to avoid helpline delays

HMRC have today, 15 August, urged taxpayers to turn to their online self-assessment tax return tool to avoid lengthy delays using their […]
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