by Gary Woosey | Apr 19, 2022 | Tax
Discovery assessments look set to be applied to the High-Income Benefit Charge under new legislation set out by the Government. A loophole regarding discovery assessments and the charge was brought to light following the case of HMRC V Mr Wilkes last year. The case...
by Gary Woosey | Apr 11, 2022 | Tax
Knowing which taxes your business is liable for can feel a bit overwhelming, which can result in you not recognising opportunities to save on tax. If you have a limited company or a foreign company with a UK branch, you will be liable to pay Corporation Tax on any...
by Gary Woosey | Apr 4, 2022 | Uncategorized
Deciding to start your own business can feel like a leap of faith but being prepared for the steps you will need to take can ameliorate this lack of confidence. With a wave of young people aspiring to become entrepreneurs, along with individuals with established...
by Gary Woosey | Mar 29, 2022 | Uncategorized
Many are feeling the impact of the increasing cost of living on their finances, with the inflation rate soaring to a 30 year high of 6.2 per cent in February. As prices rise across the UK, from the strain of increased energy, fuel, and food costs, individuals may have...
by Gary Woosey | Mar 23, 2022 | Tax
Exactly two years since the first lockdown was announced, the eyes of the public were firmly fixed on the Chancellor, Rishi Sunak, as he rose to the despatch box in the House of Commons to deliver his Spring Statement. Yet again, Mr Sunak found himself addressing MPs...