Tel: 01227 941945
This review for 2025 is intended to offer some practical thoughts and insights to our clients, who include self-employed sole traders and owners of limited company businesses, pensioners, landlords and high net worth individuals.
From 2025, HMRC will require income, gains, and losses from crypto assets to be reported separately on self-assessment tax returns. For crypto investors, this is an important change and not entirely unexpected, given HMRC has long viewed crypto reporting as a problematic area and the new rules will give them greater…
Starting January 1, 2025, online resale platforms like eBay and Vinted will begin reporting details of sellers to HMRC if their annual online sales exceed £1,700 or if they make more than 30 transactions. This move aims to identify individuals generating undeclared profits from online sales – a growing area of concern for HMRC.
This review is intended to offer some practical thoughts and insights on how changes to the tax system might affect the majority of our clients, who include self-employed sole traders and owners of limited company businesses, pensioners, landlords and high net worth individuals.
HMRC is turning its attention to landlords of short-term property booked through online property sites such as Airbnb & Booking.com…
Welcome to our latest update. I originally drafted this note sitting in my garden one Sunday afternoon in late August, sipping a cold beer in
Looking back with some surprise, it hardly seems possible that we wrote our last update at the end of July. With the recent announcements of
We have recently seen a series of new measures although these mostly affect the retail and hospitality sectors. As we move into the summer holiday
In the last few weeks, we have seen a raft of new guidance from government and HMRC. As the country begins to exit the lockdown,
Further to our last post (“Grants: the discretionary scheme”), we believe that local councils are launching application portals on 1 June. If you have not
The past 10 days have seen a good deal of change both in philosophy and in practical measures with much debate in public and private
You will undoubtedly have seen reference to the scheme in our recent updates as well as elsewhere in the news media and your own industry
As we head into May, there is much debate about when the UK will begin to see a relaxation of the lockdown. We are hearing
Following confirmation of a three week extension to the UK lock down, we review latest developments and provide reminders of key issues to bear in
As we head towards an unusual Easter weekend, there are comparatively few new developments or announcements affecting business and finance. We see in the media
As we end the third week of the crisis impacting the UK, some issues are becoming clearer and most of us are getting used to
This briefing note provides further and new information available as of today’s date. In this note, we will cover: Small business grants: update Guidance to
This briefing note follows on from the update yesterday (26 March). In this note, we will cover: Support for the self-employed Update on the Job