Staying on the ball with the latest accounting, tax and compliance deadlines helps you stay organised with your returns. Here are the deadlines and cut-off points for Q1 of 2025 to add to your diary. Please always double-check your deadlines with Companies House, HMRC and your accountant. NOTE: If your company’s accounting period is longer […]
Tag Archives: planning
14
Dec
Dec
Which is better: Property or Pension? Often, when talking about tax planning and saving for the future, clients have spoken to me about investing in a buy-to-let property. For many, this type of investment seems to be something ‘everyone is doing’, and they are worried about missing a potentially lucrative boat. However, there are a […]
30
Nov
Nov
What is a Pension? Often, when we are looking at clients’ plans for the future, we start talking about planning for later life, and one of the most obvious financial ways to plan for later life is to use pension savings. But what is a pension? A pension is a retirement savings plan that provides […]
10
Nov
Nov
What are your business goals for 2025, and what impact would you like to have? The end of the calendar year is an excellent time to review the year about to finish and reflect on what worked, what didn’t, what you’d like to change and new things you’d like to implement. Last year, businesses had […]
07
Nov
Nov
Getting your personal tax in order before the year-end As the tax year draws to a close, it’s important to think about your own personal tax situation and to make sure you’re maximising any potential allowances and reliefs. Various annual allowances and tax bands will expire on 5 April each year. By taking advantage of […]
01
Nov
Nov
As we head into the new year, more businesses are deciding that it’s time to take action to reduce their impact on the planet. How easy is it to start to make changes? The answer is ‘easier than you think’! There are some really simple swaps that can make a big difference – not just […]
01
Nov
Nov
Could employing an apprentice save your business tax? The chancellor recently announced that the employer’s national insurance rate would increase to 15% for 2025/2026. This means that many businesses, including micro businesses with only one director on the payroll, are facing increased costs to pay salaries. Many small businesses have been helped by the increased […]
01
Nov
Nov
Do you need a bespoke salary and dividend plan for 2025/2026? The days have passed when the “house” salary and dividend (remuneration) strategy could be used as a solution for most straightforward clients, i.e. £12,570 plus dividends. Anyone wanting to optimise their income should consider paying for bespoke Tax advice on the best salary strategy […]
31
Oct
Oct
What does an increase in Employers National Insurance mean for your business? The increase in employers national insurance contribution for 2025/2026 will increase the cost of employing people for many businesses, as they will now pay 15% rather than 13.8%. The earning thresholds for when the tax must be applied has been lowered to £5,000 […]
31
Oct
Oct
Here’s your breakdown of the major business announcements from the Autumn Statement 2024. A budget to fix the foundations of the economy Rachel Reeves, the Chancellor of the Exchequer, delivered the Autumn Statement on 30 October 2024, saying that this budget was intended to fix the foundations of the economy, deliver change for working people, […]