Category Archives: Tax

Budget Announcements November 2022

Autumn budget 2022

The new Chancellor, Jeremy Hunt announced the latest budget on 17 November 2022. Mr Hunt introduced his statement with “British families make sacrifices every day to live within their means, and so too must their Government, because the United Kingdom will always pay its way” The day before the Budget announcement, the Office for Budget […]

September 2022 Mini Budget

Today the new Chancellor announced a Mini Budget 2022 to help with the cost of living crisis. Here are the main points that we know so far. As always, more detail will be published in the future, so we don’t have everything yet. This supercedes the Spring Budget announced in March 2022, and includes u-turns […]

5 Top Tax Tips to Pay Less Personal Tax

It’s nearly the end of the tax year, but you still have time to make a difference to your tax bill! We’ve put together our 5 top tax tips to help you to pay less personal tax. If you’re looking for ways to reduce your business tax, then we have you covered too, with our […]

Autumn 2021 Budget: what does it mean for your small business?

The Autumn Budget 2021 was announced on 27 October 2021, but what does it mean for your small business? Well, for starters, most of the main announcements were leaked in the days leading up to the Budget, and some changes for 2022 onwards were announced in the Spring Budget 2021. But let’s look at the […]

Can I claim through my business for using my own car?

tripcatcher

You’re using your own vehicle for your business, but what can you claim? It is common to use your own vehicle for your business, or for your employment, but do you know what you can claim and how to claim? Let’s go through some common questions: Can I put fuel and running costs for my own […]

Super Deductions: how do they work?

Super deductions were one of the announcements in the Chancellor’s 2021 Budget, and could help businesses looking at buying assets in the near future.   But what do they mean to you, how do they work, and what counts as a super deduction? What is a Super Deduction? If you spend money on assets (think […]

Claim your 2nd Grant for the Self Employed Income Support Scheme (SEISS) from 17 August 2020

Today’s the day you can claim your 2nd grant for the Self Employed Income Support Scheme. Let’s have a look at who can claim, and how.   What is the 2nd grant? This 2nd grant covers the period 1 June 2020 to 31 August 2020 The grant will be 70% of your average profits, in […]