As we spring into the first week of the 2025-2026 income tax year, what do small businesses have to work with and what path should you take? Here are 10 suggestions for you....
If the polls are right, there’ll be a change in majority government on 4 July. If so, there’ll likely be a Budget later in July, which due to the stretched public finances and Labour ambitions, is expected to increase taxes for some. [EDIT: Labour has confirmed there won't be an emergency Budget in July].
What actions might you take before 4 July to help ensure you’re not caught out by these changes?
With the tax year ending 5 April 2024 fast approaching, please do check what tax planning action you might take:
Dear HMRC
Why we need to talk to you…..
As an unrepresented taxpayer with apparently very simple tax affairs, I find myself needing to call you. I really don’t want to. I have better things to do, but I like to know I’m not going to upset you.