Discovery assessments: Catch up with the latest changes

Discovery assessments: Catch up with the latest changes

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...
Corporation Tax: could you be missing out on tax reliefs?

Corporation Tax: could you be missing out on tax reliefs?

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...
Ready to kick start your own business?

Ready to kick start your own business?

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...
How can you cope with the cost-of-living crisis?

How can you cope with the cost-of-living crisis?

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...
Ready to kick start your own business?

Spring Statement 2022

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...