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The move to Making Tax Digital for income tax from 2026 will cost sole traders and landlords on average £350 to set up the correct reporting system.

The Chancellor’s cut to national insurance comes in from Saturday 6 January, reducing tax bills in January pay packets

HMRC will be given extra powers to collect information about the amount of dividend payments earned by owner managed business directors while employers will have to report the number of hours worked by individual employees

Calculating the small profits rate after the increase in corporation tax to 25% requires a complex calculation.

Dividend or bonus: what is most tax effective?

With less than a month to go before the end of the tax year, there are some essential tax saving measures that people can take before the tax year ends on 5 April Download PDF>

Corporation Tax Changes - April 2023

Autumn Budget 2022

Spring Statement 2022 23 March 2022 Rishi Sunak, Chancellor of the Exchequer, presented the Spring Statement 2022, on the 23rd March. The ongoing energy crisis will see energy bills rocket by nearly £700, once Ofgem’s energy price cap increases by 54% from 1 April 2022, and paired with the ongoing fuel crisis that saw the price of petrol hit an all-time high this month, the cost of living for businesses and individuals alike is becoming increasingly burdensome.