Have you used your CGT annual exempt amount?
Individuals have a separate tax-free allowance for CGT purposes – the CGT annual exempt amount. Although it has been reduced considerably in recent years and …
Should we pay a dividend before the end of the tax year?
If you are the owner of a personal or family company, it is prudent to review your dividend strategy before the 2024/25 tax year comes …
Streamline Your Business with Payroll Services in Woolwich
Managing payroll is one of the most time-consuming tasks for any business owner. Ensuring that your employees are paid correctly and on time, while staying compliant with HMRC regulations, can be a complex process.
The Role of a Company Secretary in Woolwich: Why Your Business Needs One
A company secretary is not just an administrative role but a key figure in ensuring that your business complies with statutory and regulatory requirements.
A Comprehensive Guide to Filing Tax Returns in Woolwich
As the tax season approaches, businesses and individuals alike start to feel the pressure of ensuring their financial records are in order. Filing tax returns in Woolwich can be a straightforward process when you’re well-prepared and understand the requirements.
Reporting residential property gains
Owners of investment properties and second homes may decide to sell up for a variety of reasons. They may wish to take advantage of a …
Beat the SDLT deadline
There is a stamp duty land tax (SDLT) deadline on the horizon – from 1 April 2025, there are changes to both the residential SDLT …
FHL – finance and investment cost relief from April 2025
Landlords letting furnished holiday accommodation have hitherto enjoyed a range of tax benefits, including the ability to deduct interest and finance costs in full when …
Can one company lend to another-Tax implications
Although the economy is said to be stagnating with little growth on the horizon, many smaller companies are doing well and have healthy bank balances. …
Tax implications of exceeding approved mileage payments
Employees often use their own cars for business journeys and receive a mileage allowance from their employer to cover fuel and associated costs, such as …
VAT flat rate scheme – is it worth it?
The VAT flat rate scheme is a simplified scheme for smaller VAT-registered businesses. While using the scheme will save work, this may come at a …
Action you can take if you are struggling to pay your tax
Tax due under Self Assessment for 2023/24 should have been paid in full by midnight on 31 January 2025, along with the first payment on …
