NEWS

We will keep you up to date with everything you need to know about your finances.

Phoebe Grace Phoebe Grace

Navigating capital gains tax

This guide will examine CGT in-depth, covering everything from how it is calculated to the allowances, exemptions, and reliefs available. By understanding these subtleties, you can plan better, be tax-compliant, and potentially save a lot of money.

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Phoebe Grace Phoebe Grace

Only 13% of bounce back loans paid off

£46.9 billion was lent during Covid under the scheme. While nearly three-quarters of borrowers are on track to repay, a significant £40.9bn remains outstanding.

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Phoebe Grace Phoebe Grace

Media sector faces scrutiny from HMRC

A recent crackdown on the abuse of the research and development (R&D) tax relief regime has significantly impacted the media sector, with HMRC questioning three out of four claims.

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Phoebe Grace Phoebe Grace

House prices rise slightly again

The housing market is showing signs of resilience, with Nationwide reporting a 0.4% rise in house prices in May compared to April. The average cost of a home now stands at £264,249, marking a 1.3% increase year-on-year.

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Phoebe Grace Phoebe Grace

HMRC contacts pending ROR claimants

HMRC is writing to taxpayers who made a provisional business asset roll-over relief (ROR) claim on asset sales in 2020/21 and haven’t replaced it with a valid claim. The deadline for making a valid claim is 31 January 2025. Read more here.

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Phoebe Grace Phoebe Grace

Wealth planning for you and your family

Financial planning is undoubtedly the bedrock of successful wealth management, serving as the critical first step in a lifelong journey of financial growth and security. Our latest article is a deep dive into wealth planning for you and your family.

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Phoebe Grace Phoebe Grace

Debt management strategies

This guide offers you practical and effective strategies tailored for managing your debt. Our aim is to empower you with the knowledge and tools necessary to tackle debt management. By implementing these strategies, you can work towards regaining financial stability and achieving peace of mind.

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Phoebe Grace Phoebe Grace

Tax deadlines and penalties for limited companies

This guide delves into the intricacies of the obligations a limited company has with regard to tax and accounting, offering a comprehensive overview to help ensure your company remains in good standing.

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Phoebe Grace Phoebe Grace

Managing cashflow: Tips for small businesses

In this spotlight, we explore detailed cashflow management tips, incorporating practices and tools that have gained popularity in recent years, ensuring you can effectively manage your cashflow cycle with modern methodologies.

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Phoebe Grace Phoebe Grace

Personal tax planning in 2024/2025

As we step into the 2024/25 tax year, it’s now more important than ever to take a proactive approach to managing your personal finances. This guide is crafted with you in mind, offering clarity and actionable advice to help you optimise your tax position and secure your financial wellbeing.

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Phoebe Grace Phoebe Grace

PM proposes scrapping National Insurance

Plans to simplify tax could require other increases. In 2022/23, NICs generated £178bn, with £103bn from employers, £65bn from employees, and around £10bn from the self-employed. Read more here.

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Phoebe Grace Phoebe Grace

Tax Card 2024/25

This tax card will provide all the rates and allowances based on the fiscal statement and Budget announcements made by the UK and Northern Ireland, Scottish and Welsh Governments.

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Phoebe Grace Phoebe Grace

How to Improve Your Financial Health

Improving your financial health involves strategic planning, informed decision-making, and constant adjustments. There are many factors to consider – so how do you know where to begin? Find out in our latest article.

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