Category Archives: Personal Tax

What is the best use of your time in January?

January, best use of time in the New Year

We wish you a happy new year and let’s hope 2022 is more stable and that by the end of the year we can return to some kind of “normality”. What is the best use of your time in January? We encourage all clients to consider taking time to prepare a 2022 Strategic plan. “A […]

Why you should file your Tax Return before the deadline

cloud software, digital accounting

Every year, as certain as Christmas, we have the self-assessment tax filing deadline. This deadline is always on 31st January.  And every year just like getting organised with your presents and Christmas cards in time for the big day, we also need to get organised with gathering the information, preparing the tax return, and submitting […]

Buying Electric Car

buying electric car

I’m thinking about buying an electric car. What financial incentives are available to me? The company car is getting its moment again as an exciting tax perk. In a climate conscious age, where Tesla has become a household name, business owners are being encouraged to take to the road in an electric company car.  Choosing […]

When do I need to report for Capital Gains?

Do you ever get the impression that in the effort to simplify processes, the government complicates it even more?  One recent example is the “simplification” of the Capital Gains Tax (CGT) regime when it comes to reporting. Whilst trying to simplify the process and removing the need to register for the Self-Assessment tax regime, more […]

Introduction of the new Health & Social Care Levy and how it works

social care

Last week saw the introduction of the new health and social care Levy.  Whilst this came as a surprise to many it was not all that unexpected.  The UK with its aging population has over many years debated on how to deal with the rising cost of social care. It took the pandemic (and the […]