Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it is exempt from Inheritance Tax and Income Tax if it is under the Lifetime Allowance (LTA) But HM Revenue & Customs (HMRC) is proposing that these pensions are no longer excluded from marginal rate Income […]
Research and Development tax relief changes
The Government has recently updated some elements of the Research and Development (R&D) tax relief application process.
HM Revenue & Customs pledge £5.5 million to support customers
HM Revenue & Customs (HMRC) has recently stated that they will pledge £5.5 million to organisations who are in the voluntary and community sectors to help support customers organise their taxes.
Understanding ESG investments – What should you know?
The financial landscape in the UK, as well as globally, is in a constant state of change. The current focus is very much based around Environmental, Social, and Governance (ESG) investments. The growing worldwide concern for climate change, social justice, and corporate accountability is reshaping business practices, and the investment community is not exempt. Investors […]
How businesses can tackle late payments while preserving business relationships
There can be nothing more frustrating for business owners than waiting on payments from clients.
The Grow Method – How can it apply to your business?
The grow method refers to the below process and can be used to help develop your business further and achieve more success.
Ensuring your small business is prepared for the future
In the ever-changing business landscape that we see today, merely reacting to events as they occur is not enough.
Preparing your business for a merger or acquisition
Mergers and acquisitions (M&A) are often completed to gain market share, increase revenue, or expand business amongst many other things.
What expenses can limited companies and sole traders claim?
Whether you are the owner of a limited company or a sole trader, it is important to understand the expenses you can claim and the tax savings that these expenses bring.