Blog
Do I Have to Pay Taxes on a Divorce Settlement?
If you’re undergoing a divorce settlement, there are some situations where you’ll need to pay tax – either on the money, assets or property transferred as part of the divorce, or on any income generated from assets you receive. During what can be a drawn-out,...
The Debt Arrangement Scheme (DAS) in Scotland
With inflation rising to 10.1% as of September, the cost of living crisis is putting pressure on people’s finances across the UK. Coupled with the financial difficulties already created by the COVID-19 pandemic since 2020, this poses a real challenge for people...
VAT on imported goods: this is what you need to know
If you import goods from overseas to the UK, you’ll need to pay and account for VAT according to specific rules. These rules can be complex, and many of them have changed since the UK left the EU, so it’s important to make sure you know where you stand. How does VAT...
A guide to 3-year pension re-enrolment: what employers need to know
A key duty for employers to be aware of is the process of pension re-enrolment, which must be done every three years. Here’s what you need to know.
How Does Company Car Tax Work?
As an employer, you’ll need to work out the tax due on cars you provide as a benefit, as well as the amount you can claim when you purchase the vehicle.
Everything You Need To Know About VAT
A lot of businesses worry about VAT, but the basic principles are not as complicated as they seem. And you can always get an expert to help.
Benefits of cloud accounting software
If you’re unaware of the benefits of cloud accounting software, this post will explain why you should be making the most of what’s available.
P11Ds and benefits in kind: what you need to know
If you or your employees receive expenses and benefits from your company, you might need to report them through a P11D and pay tax on them.
Why you should get your tax return done now
It’s never too early to submit your self-assessment tax return, even if the deadline for the 2021/22 tax year is all the way in January 2023.
Tax changes for 2022/23
Now the new tax year has begun, there are a few changes to the amounts of tax you will be paying. Coupled with the Spring Statement announcements from Chancellor Rishi Sunak, you will need to be aware of how these changes affect you. Here, we’ll explain what to...