MTD penalties waived for first year of Income Tax
Self assessment taxpayers due to join Making Tax Digital (MTD) for Income Tax next April will not face penalties if late filing quarterly updates.
Are hybrid cars worth a second look for business owners?
Tax savings are not the only consideration for company car drivers ‘going green’ and more and more often we are seeing a reversal of the green revolution.
Directors' Remuneration: Why the ‘Optimum’ £12,570 Salary Isn’t Always Optimum
Owner-managed companies are often advised to pay directors a salary of £12,570 in line with the Personal Allowance, with remaining profits extracted by way of dividends. It’s simple, tax-efficient, and generally works well. However, ‘one size fits all’ rarely applies in tax planning.
Securing your family's financial future is the best gift you can give this Christmas
The festive season is an excellent time to combine seasonal generosity with some inheritance tax planning.
Budget reaction - Increase in dividend/landlord/savings tax
Sophie Spaul, Senior Tax Manager gives her view on the budget announcements
Budget reaction - Cash ISAs
Scott Hansell, Director of Lovewell Blake Financial Planning, gives his reaction to the announcements in the budget about cash ISAs
Autumn Budget reaction 2025
Yesterday’s chaotic leaking of Rachel Reeves’ Budget report by the OBR capped a turbulent few months in which constant briefings have had the effect of damaging business confidence, reducing investment and causing a certain stasis in the economy.
Take care to avoid the HMRC's Scrooge-like attitude to Christmas generosity
It’s that time of the year where staff and employers gear up for the Christmas party season once again.