Update on Companies House changes

Update on Companies House changes

It appears that Companies House is transitioning from a passive registrar to a more proactive monitoring agency for the government. The impending changes, set to take effect as early as March 4, 2024, were outlined in a Companies House blog post dated January 22,...
Spread the cost of tax payments

Spread the cost of tax payments

None of us has been exempt from the effects of inflation and cost of living issues in the past year. Which is why taxpayers who are obliged to register for self-assessment will be somewhat apprehensive as the deadline for paying any arrears of tax for 2022-23 and the...
Selling online? Are you declaring the income?

Selling online? Are you declaring the income?

Numerous individuals utilise online trading platforms to sell unwanted items, or potentially offer space in their homes for rent. If you are generating income through such activities and your earnings exceed £1,000 in any given tax year, it is essential to disclose...
Why we all need to invest in tax planning

Why we all need to invest in tax planning

HM Revenue & Customs (HMRC) operates with a primary objective, that is to recover past government expenditures and utilise the collected funds to repay government borrowing while earmarking resources for future expenses. In pursuit of this goal, HMRC is mandated...