by Gary Woosey | Apr 11, 2023 | Tax
If you run a business in a tourist hotspot, you need to get prepared for the summer. As the days get warmer, your business is likely to see a surge in demand. But what can you do to get ready? Recognise the trends The first step in managing seasonal changes is...
by Gary Woosey | Mar 15, 2023 | Tax
Just a few days short of the third anniversary of the first Covid lockdown, Chancellor Jeremy Hunt rose to the Despatch Box to deliver the first full Budget to have taken place in 504 days and the first unaffected by the immediate impact of the pandemic since October...
by Gary Woosey | Feb 21, 2023 | Tax
Having general accounting knowledge is crucial for any business owner, especially during tax season. Understanding common accounting terms is highly beneficial, as you will identify how they relate to your business and how it is performing. To help, we have compiled a...
by Gary Woosey | Feb 14, 2023 | Tax
Are you planning on claiming the UK state pension? You must check your National Insurance (NI) record before 5 April 2023. Are you eligible for the UK state pension? To be eligible for the maximum ‘new state pension’, you must have 35 qualifying years of NI...
by Gary Woosey | Jan 18, 2023 | Tax
The 2021 to 2022 tax year saw a considerable amount of people aged 65 and over filing a tax return. A report released by HM Revenue & Customs (HMRC) revealed that 16 per cent of individuals who submitted a tax return fell into this age bracket. The new data is...
by Gary Woosey | Dec 19, 2022 | Tax
Understanding your income tax and personal allowance is important when looking at your finances and how you are taxed. Everyone has a personal allowance, but what does this mean for you? A personal allowance is the amount of money you are allowed to earn each tax year...
