by Gareth Thomas | Jun 10, 2026 | Accounting, Business, Finance, Taxes
When it comes to Self-Assessment tax returns, many people leave everything until January. But waiting until the last minute can create unnecessary stress, increase the risk of mistakes and leave you scrambling to find money for an unexpected tax bill. The deadline for...
by Gareth Thomas | Jun 3, 2026 | Accounting, Business, Finance, Taxes
If you’re looking for a tax-efficient way to save or invest, your ISA allowance is one of the best opportunities available. ISAs (Individual Savings Accounts) allow you to save or invest money without paying tax on the interest, income or capital gains you earn. For...
by Jon Davies | Jan 29, 2026 | Accounting, Finance, Taxes
Last week’s email was a little deep, so this week I will keep it (relatively) light-hearted. And what could be more than the personal tax return deadline on 31 January?!?. With only 2 days left, there are still lots of returns still to be filed across the...
by Gareth Thomas | Apr 10, 2025 | Accounting, Business, Finance, Taxes
With 6 April 2025 fast approaching, now is the perfect time for sole traders and unincorporated businesses to think strategically about the timing of income and expenses. From 6 April 2024, the cash basis is now the default for accounts preparation, meaning: Income is...
by Gareth Thomas | Apr 7, 2025 | Accounting, Business, Finance, Taxes
The end of the tax year is fast approaching, and with it comes a use-it-or-lose-it deadline! Your personal allowance—the amount you can earn tax-free—is £12,570 for 2024/25. But here’s the catch: if you don’t use it before 5 April 2025, it’s gone forever. So, what can...
by Gareth Thomas | Jul 27, 2024 | Accounting, Finance, Property, Taxes
Understanding private residence relief can save you a significant amount in capital gains tax (CGT). Essentially, private residence relief means you don’t have to pay CGT on any gain arising from a property during the time it was your only or main residence. Even if...
by Gareth Thomas | Jul 15, 2024 | Accounting, Finance, Taxes
Unlocking the Benefits of IHT Transferable Nil Rate Bands Understanding inheritance tax (IHT) can be complex, but knowing how to maximise your nil rate bands can lead to significant tax savings. Let’s delve into the intricacies of transferable nil rate bands and...
