If you run a small, limited company, you probably don’t spend much time thinking about your annual accounts. Your accountant prepares them, you review the numbers, sign off, and file them. But some important changes are coming, and while some won’t take effect for a while, others already apply to accounting periods beginning 1 January […]
Author Archives: Priya Raja-Motala
14
Oct
Oct
Holiday pay should be simple, shouldn’t it? An employee takes a week off, you pay them for the week, and everyone carries on as normal. But what happens when that employee regularly works overtime? This is where things can get complicated, especially for smaller businesses where overtime can vary month to month. The important principle […]
Business Tips, Myers Clark News, Personal Tax, Tax Planning
Rumours are already gathering pace ahead of the Autumn Budget. Should you react?
05
Oct
Oct
The Autumn Budget is just a few weeks away on Wednesday 28 October. And, as always, the rumours have already started. Will Capital Gains Tax increase? Will there be more changes for business owners? Will the tax-free pension lump sum be attacked? Will the Government look to raise more money from wealth rather than income? […]
21
Aug
Aug
Who doesn’t like a complimentary drink? Whether it’s a glass of wine at a restaurant, a beer at a brewery tour, or a drink offered to a waiting customer, hospitality has become part of the customer experience for many businesses. But if you’re a VAT-registered business offering a drink to your customers free of charge, […]
18
Aug
Aug
When you first start a business, the future feels full of possibility. Everyone is excited, the shareholders are aligned, you’re all working towards the same vision, and it’s easy to believe that things will always stay that way. That optimism is one of the best parts of building a business. But it’s also the reason […]
capital gains tax, HM Revenue & Customs, Landlords, Tax Planning
Could Capital Gains Tax Be the Next Tax Under Attack? What Business Owners, Investors and Landlords Need to Know
12
Aug
Aug
Rumours are already gathering pace ahead of the Autumn Budget, which is set to take place on 28th October. Could Capital Gains Tax (CGT) be the next tax under attack? At this stage, nobody outside the Treasury knows exactly what will happen. However, history tells us that when governments need to raise money, Capital Gains […]
05
Aug
Aug
Running a small business has never been easy, but in today’s economic climate it can often feel overwhelming. With rising costs, changing legislation, staffing challenges and economic uncertainty, business owners like yourselves are expected to make dozens if not hundreds of decisions every single day. Some decisions are major, such as whether to recruit, invest […]
Business Tips, Personal Tax, Tax Tips, VAT
We have a new government, which means getting ready for changes
22
Jul
Jul
On Monday 20 July 2026, the UK welcomed a new Prime Minister, Andy Burnham. In his first speech outside Number 10, he highlighted the need to do politics better and the need to make this moment a circuit breaker for Britain. What’s not to like about that statement? We are sure you can resonate with […]
15
Jul
Jul
For many property owners and business families, inheritance tax (IHT) planning sits on the “we’ll deal with it later” list. But what happens to the family wealth when you’re no longer here? When estates start growing beyond a few million pounds, leaving planning too late can result in a significant proportion of family wealth being […]
08
Jul
Jul
If you have just completed and filed form P11Ds, you will know this is an annual process that has been in place for more than 60 years. It is the form used to report taxable benefits and expenses provided to employees and directors that have not already been taxed through payroll. But now we will […]