by Gareth Thomas | Dec 20, 2025 | Accounting, Business, Taxes
All eyes are on the 2025 Budget, due on 26 November 2025. It’s widely expected to set the tone for the UK’s long-term economic direction, with potential tax increases on the way. But alongside the headline-grabbing tax announcements, another major shift is coming:...
by Gareth Thomas | May 11, 2024 | Finance, Taxes
Navigating the Updates to the High-Income Child Benefit Charge If you’re a parent in the UK, you’ve likely heard of the High-Income Child Benefit Charge (HICBC), especially if your family income falls into the higher bracket. It’s a bit of a...
by Jon Davies | Mar 23, 2022 | Business, Downloads, Taxes
Here is our summary of today’s Budget. So, what were the key points for business owners in Spring Statement 2022? As a business owner, the good bits included: NI threshold for everyone up to £12,570 Employment Allowance up to £5,000 per year A promise of more...
by Megan Wellman | Mar 3, 2022 | Accounting, Finance, Taxes
What entries are required when completing a VAT invoice? When a customer purchases an item or service from a business an invoice confirming the amount to pay should be raised either at the time of ordering or after delivery. If the seller is VAT registered a specific...
by Jon Davies | Oct 28, 2021 | Accounting, Taxes
What was in the Autumn Budget 2021? To be honest, a lot of the business taxes were confirming what we already knew – for example, the 1.25% increase in National Insurance and Dividend tax.But, there was some very good news on Business Rates, and especially for...
by Jon Davies | Mar 3, 2021 | Business, Taxes
What can get an accountant more excited than a tax deduction? A super-deduction!As expected, Coronavirus still loomed over the Budget – there was more help for businesses and employees over the coming months….but a tax bill to be paid in the future.For...
by Dylon Thomas | Apr 4, 2020 | Accounting, Business, Finance, Taxes
The Government and Chancellor Rishi Sunak left it quite late to announce tax plans for 2020/21. But they did have a few surprises last month that we usually don’t see in the Spring Budget. Income tax, corporation tax and VAT have all had their rates and thresholds...
