More than half of UK landlords are optimistic about outlook for buy to let market

Posted in Blog, Tax | Posted on 16 Aug, 2018

A new survey has found that over half of landlords in the UK feel optimistic about the buy to let sector despite a raft of regulatory and tax changes introduced in recent years.


Record high of £14.6bn paid in corporation tax by UK financial services sector

Posted in Blog, Tax | Posted on 13 Aug, 2018

The UK financial services (FS) sector paid a record high of £14.6 billion worth of corporation tax (including Bank Levy) in the last year, up 24 per cent from the £11.8bn paid during the 2015/16


Have you used your unused pensions annual allowance?

Posted in Blog, HMRC | Posted on 13 Aug, 2018

HM Revenue & Customs (HMRC) has reminded taxpayers that they can carry forward any unused annual allowance if their pension savings exceed this year’s allowance.


AAT calls on Government to reconsider proposed Rent a Room tax relief changes

Posted in Blog, HMRC, Tax | Posted on 9 Aug, 2018

 The Association of Accounting Technicians (AAT) has called on the Government to rethink its proposals to reform Rent a Room tax relief, amid concerns that the changes would result in “unnecessary complexity.”


The professions that pay the most income tax revealed

Posted in Blog, HMRC, Tax | Posted on 8 Aug, 2018

Bankers and insurance brokers face a bigger income tax burden than ever before, accounting for more of the Governments largest source of tax revenue than any other industry. This is according to annual statistics published


Small businesses anticipating strong growth over next two years

Posted in Blog, SMEs, SMEs / Business | Posted on 6 Aug, 2018

UK small and medium-sized enterprises (SMEs) are expecting growth of up to 40 per cent over the next two years, a new study reveals.


Do you have unreported foreign income or profits?

Posted in Blog, HMRC, Tax | Posted on 3 Aug, 2018

HM Revenue & Customs (HMRC) has warned taxpayers to declare any foreign income or profits on offshore assets before 30 September to avoid unwanted penalties. In its latest report, the tax office said new legislation,


A quarter of UK SME bosses take just five days’ holiday per year

Posted in Blog, SMEs, SMEs / Business | Posted on 1 Aug, 2018

According to research from Hitachi Capital Business Finance, almost a quarter of small business owners in the UK (24 per cent) have taken fewer than five days holiday in the last year, with an astonishing


Call to increase auto-enrolment pension contributions

Posted in Blog, Pensions | Posted on 30 Jul, 2018

MPs say that automatic pension enrolment is fundamental to funding a new era of retirement, which is becoming increasingly reliant on private rather than public savings.


Taxpayers urged to renew tax credits ahead of 31 July deadline

Posted in Blog, HMRC, Tax | Posted on 27 Jul, 2018

More than 320,000 taxpayers had their tax credits stopped or altered after they failed to inform HM Revenue & Customs (HMRC) of changes in circumstances, a new report has revealed.