Tax

Changes for non doms: what you need to know.

Emma Walsh

Dec 17, 20242 min read

Changes for non doms: what you need to know.

Are you non-UK domiciled for tax purposes? The planned changes may well have a significant impact on your tax planning here

Emma Walsh

Sep 20, 202410 min read

TRUSTS AND INHERITANCE TAX

How can Trusts help with Inheritance Tax?

Emma Walsh

Aug 27, 20242 min read

HIGH INCOME CHILD BENEFIT TAX CHARGE

What is the High Income Child Benefit Tax Charge?

HOW MUCH INCOME TAX AND NATIONAL INSURANCE YOU SHOULD PAY

Emma Walsh

Aug 20, 20247 min read

HOW MUCH INCOME TAX AND NATIONAL INSURANCE YOU SHOULD PAY

How Much Tax and NI Should You Pay?

HOW INCOME TAX, NATIONAL INSURANCE AND THE PERSONAL ALLOWANCE WORKS -

Emma Walsh

Aug 13, 20245 min read

HOW INCOME TAX, NATIONAL INSURANCE AND THE PERSONAL ALLOWANCE WORKS -

Unsure about Income Tax and National Insurance?  Don’t know what the National Insurance threshold is? 

Emma Walsh

Aug 6, 20244 min read

USE HMRC’S BUSINESS TAX ACCOUNT

How to use HMRC’s tax account?

Emma Walsh

Jul 26, 20246 min read

HOW LONG DOES PROBATE TAKE IN THE UK

How long does a probate take?

TRANSACTIONS BETWEEN A COMPANY AND ITS DIRECTORS

Emma Walsh

Jul 17, 20242 min read

TRANSACTIONS BETWEEN A COMPANY AND ITS DIRECTORS

There are specific rules that apply to certain transactions between the company and its directors.

Emma Walsh

Jul 12, 20243 min read

THE BENEFITS OF REAL-TIME ACCOUNTING

How could real time accounting benefit you?

Emma Walsh

Jul 10, 20243 min read

LEAVING PROPERTY IN A WILL

What can a property protection will trust do for you?

Emma Walsh

Jun 19, 20242 min read

WHAT IS SELF ASSESSMENT?

Self-Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. 

Emma Walsh

Jun 14, 20245 min read

Back to Tax Basics: How does VAT work?

Value-added tax (VAT) is a consumption tax that’s levied on goods that have had value added at each stage of the supply chain.

Emma Walsh

May 10, 20241 min read

Are we a cost or an investment?

As accountants, we're always helping our clients find ways to reduce their overhead costs - one of the seven ways to grow your business.

Are you unknowingly making illegal dividend payments?

Emma Walsh

May 8, 20243 min read

Are you unknowingly making illegal dividend payments?

We know that dividend payments are a key way to pay yourself and your company shareholders . But are you following the right rules ?

Reduce your corporation tax bill by offsetting pension contributions

Emma Walsh

May 3, 20242 min read

Reduce your corporation tax bill by offsetting pension contributions

If you’re looking for ways to minimise your corporation tax bill, it’s worth considering if there are deductible expenses you can claim.

Why Should You Consider Creating a Lifetime Trust

Emma Walsh

Mar 29, 20242 min read

Why Should You Consider Creating a Lifetime Trust

What is a Lifetime Trust?   Not everyone wants to wait until they die to pass on their assets to a loved one.

Emma Walsh

Mar 27, 20242 min read

INHERITANCE TAX AND ESTATE PLANNING.   

Financial success isn't about how much money you have, but being able to enjoy life to the full. 

A simple guide to the Spring Budget 2023

Emma Walsh

Mar 16, 20236 min read

A simple guide to the Spring Budget 2023

The Chancellor presented his Spring Budget 2023, here is a summary of the key measures.

October saw HMRC pocket a further £0.6 billion from IHT

Emma Walsh

Nov 29, 20221 min read

October saw HMRC pocket a further £0.6 billion from IHT

October sees HMRC pocket a further £0.6 billion from IHT

A simple guide to the Autumn Statement 2022

Emma Walsh

Nov 22, 20227 min read

A simple guide to the Autumn Statement 2022