The Autumn Statement – November 2022

It’s been described as the biggest tax cutting budget for half a century, and it all came in his first Budget speech as Chancellor. Kwasi Kwarteng said that ‘we
need a new approach for a new era, focused on growth’. He would build this around three priorities: reforming the supply side of the economy,
maintaining a responsible approach to public finances and cutting taxes to boost growth.

Making Tax Digital, all you need to know

From 2024/25, all sole trader businesses and
landlords will need to keep their business records
in a digital format and submit quarterly reports to
HMRC using MTD-compatible software. Do you know what you need to do?

Emergency Budget Report – September 2022

It’s been described as the biggest tax cutting budget for half a century, and it all came in his first Budget speech as Chancellor. Kwasi Kwarteng said that ‘we
need a new approach for a new era, focused on growth’. He would build this around three priorities: reforming the supply side of the economy,
maintaining a responsible approach to public finances and cutting taxes to boost growth.

We are delighted to welcome Sheila Bailey to the Team

We are delighted to welcome Sheila Bailey to the Team as our new Head of Compliance, Sheila has over 20 years’ experience in the Financial Services arena starting out as a cashier with the Chelsea Building Society. 

Tax changes on disposals of UK residential property

residential property made by UK resident taxpayers on or after 6 April 2020. However, amongst taxpayers there is very poor awareness of these new rules including the need to set up a Property Account and due to the time limits this can be costly.