The Basis Period Reform comes into effect in the new tax year (from 6 April 2024), with the 2023/2024 tax year being a ‘transitional year’. This means that you may…
Chancellor Jeremy Hunt has hinted that we could see further tax cuts being announced during the Spring Budget on 6 March. Whilst speaking at the World Economic Forum in Switzerland,…
The annual rate of inflation peaked at a 41-year high of 11.1% back in October 2022 in the aftermath of the pandemic and soaring energy prices. Since then the rate…
The influencer and digital content creator profession has skyrocketed in popularity over the last decade or so, but it’s still a relatively new and super fast-paced industry – especially in…
This year the Individual Savings Account (ISA), designed to help you save money by protecting it from Income Tax and CGT, will be celebrating its 25th birthday. During November’s Autumn…
Perhaps one of the most unexpected announcements made by the chancellor during the Autumn Statement was the confirmation that the government would honour its ‘triple lock’ state pension commitment, despite…
During the 2023 Autumn Statement, Chancellor Jeremy Hunt announced that the National Living Wage would increase from April 2024. This increase will affect nearly 3 million workers, who will receive…
In the ever-evolving landscape of online commerce, sellers on platforms like eBay, Etsy, and Vinted are facing new challenges and opportunities, particularly when it comes to taxation. Recent developments shed…
Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is set to take a staged approach, coming into effect from April 2026 for those earning over £50,000 and…
The demand for locum pharmacists and locum doctors is increasing, and there are many reasons why numerous professionals are choosing to work locum: it gives you the potential to increase…