The Pension Protection Fund (PPF) offers compensation to people with a defined benefit pension scheme in case the employer doesn’t have enough …

A company car is one of the most exciting perks for employees working in the UK. If you have received this benefit …

As inflation continues to rise in the UK, there aren’t many appealing saving options left. People are now looking for assets to …

When you decide to sell your home, you can avoid paying capital gains tax (CGT) on the profit you generate from the …

In September, the housing market prices saw the highest monthly increase since 2016. The average cost for a home reached £367,760. The …

How To Get Ready For The Tax Season-INFOGRAPHIC

Here are the some tips to get ready for the tax season;

Here are the some accounting mistakes that every business owners should avoid;

Around 1,153,000 people got the employment allowance benefit in the 2021/22 tax year. As a company director, you may wonder how you can …

Here are the some payroll challenges which are affecting your organisation;

There were 1.9 million self-employed people in 2021 in the UK. Many of these are people who turned their hobbies and talents into …

The capital gains tax rate in the UK is 18% as a basic-rate taxpayer and increases if you’re in the higher tax bracket. …

The UK has a diverse population, with many foreigners living there and about 5.5 million British people permanently residing abroad. Whether you live …

More than 11.3 million people in the UK filed self-assessment tax returns in 2021. Taxes are complicated, so many people and businesses hire …

How to Avoid Inheritance Tax

Inheritance tax has a 40% tax rate and applies to the estate that crosses the tax-free threshold. When a person dies, they want …

Allowable expenses have changed over the years, with the government restricting some financial deductions like mortgage interest in section 24 tax charges. …

Here are the some reasons that why should you hire a tax adviser;

We may not all agree with Albert Einstein’s saying, “the hardest thing in the world to understand is the income tax”. However, …

If you are a non-resident of the UK, there is no UK tax payable on the income you are receiving outside the …

QROPs: Recent Tax Changes

As a leading chartered accountant firm in London, we have explained the recent tax changes and how they’ve affected QROPS (Qualifying Recognised …

If you are a non-tenant of the UK, you do not have any UK tax on overseas pensions, i.e., pensions from outside …

How to Pay Less Tax on UK Dividends

If you own a UK company, you commonly cannot take along dividends if you become a non-resident. The company’s profit will be …

If you reside in the UK for tax reasons, you have to pay global rental profits to UK income tax. Contrary to …

Non-residents of the UK are asked to pay income tax on most of their UK salaries. Though, most are permitted an income tax …

Tax Penalties

If you fail to get rid of your tax liability within a given deadline or do not comply with rules and regulations, …