May 24, 2025
When can you deregister for VAT? Whether you’re required to do so or considering it voluntarily, understanding the process can help avoid penalties and ensure VAT […]
May 19, 2025
MTD for Income Tax becomes mandatory on 6 April 2026 for self-employed individuals and landlords earning over £50,000 annually. To avoid disruption and penalties, it’s essential […]
March 6, 2025
Understanding accounting terms is crucial for any business owner. At our accounting firm in Herne Bay, we believe clarity helps you make better financial decisions. To […]
February 11, 2025
Inheritance Tax (IHT) can significantly reduce the wealth passed on to your loved ones, with a tax rate of 40% on estates over £325,000. Without a […]
January 29, 2025
Every business in the UK, from small startups to large corporations, is looking for ways to improve its financial efficiency. Understanding how to effectively reduce corporate […]
January 21, 2025
HMRC reports over 63,000 taxpayers filed their returns over the New Year, but 5.4 million still need to act before the looming 31 January 2025 deadline. […]
January 14, 2025
Are you selling goods or services? It’s essential to determine whether HMRC considers your activity a business. Understanding their rules on ‘trading’ can help you meet […]
November 17, 2024
The Chancellor of the Exchequer, Rachel Reeves, has announced substantial increases in the Minimum Wage rates, to take effect from April 1, 2025. This announcement was […]
November 6, 2024
The Autumn Budget 2024 brings significant updates to duty changes for alcohol and tobacco products, as announced by the Chancellor. Here’s a summary of the key […]