by Gary Woosey | Apr 2, 2024 | Blog, Finance, Scams, Tax
April Fool’s Day, a time of jokes and jests, may have been and gone… But it just so happens that April Fool’s Day falls just before the start of the new tax year (6 April) when numerous businesses will be targeted by tax avoidance scams, phishing attempts and...
by Gary Woosey | Mar 19, 2024 | Blog, Finance, SMEs, Tax
With 5 April fast approaching, the pressure is on to make sure that you’ve used all capital allowances available to you in this tax year to reduce your tax bill. For business owners, there are a number of tax reliefs you can use to make your capital expenditure as...
by Gary Woosey | Mar 12, 2024 | Blog, Finance, Pension, SMEs, Tax
Are you ready for the end of the 2023/24 tax year? 5 April 2024 marks the end of the current financial year, so the deadline to use several important annual reliefs and allowances is fast approaching. Pension contributions represent a significant tax saving for a...
by Gary Woosey | Mar 6, 2024 | Tax
The latest Budget was an important speech for the Chancellor, Jeremy Hunt, and his Government, as he laid out key measures likely to affect his party’s success at the ballot box later this year. Although a date for the next general election is still yet to be...
by Gary Woosey | Mar 5, 2024 | Blog, Finance, SME, SMEs, Tax
Investing in Environmental, Social and Governance objectives (ESG) and sustainability is becoming more popular for business owners at every level. However, overhauling business processes and purchasing new, greener assets can present a significant cost to SMEs and...
by Gary Woosey | Feb 20, 2024 | Finance, Government, Tax
HMRC surprised all taxpayers who own a double cab pickup as a company vehicle on 12 February by announcing that these vehicles would be classified as cars and not vans, which would have led to higher National Insurance Contributions (NICs) for owners. HMRC had...
