Self Assessment

Self Assessment

Struggling to pay your Self Assessment tax bill? Tax due under Self Assessment for the 2024/25 tax year must be paid in full by 31 January 2026. If you need to make a payment on account of your 2025/26 tax bill, the first payment on account must also be made by 31...
1% for the Planet

1% for the Planet

We have just completed our 2025 certification and are very proud to announce of total donations since 2023 of £26,354 to environmental causes. Here is a list of who we have supported so far: Friends of the Earth Sea Wilding Extinction Rebellion Sea Shepherd Marine...
Year end tax planning

Year end tax planning

Food for thought before 5th April 2025 Have you considered the following: The Furnished Holiday Let (FHL) regime is ending and with it the ability to claim for capital allowances – we would advise buying any equipment you may have been considering by 5th April 2025....
Cash basis for traders

Cash basis for traders

Starting from the 2024/25 tax year, significant changes have been implemented to the cash basis accounting method for sole traders and partnerships in the UK. These adjustments aim to simplify tax reporting and provide greater flexibility for businesses. The key...