by Jupps | Feb 11, 2025
Selling a business is a key milestone for entrepreneurs but can have a big impact on your tax bill. There are various methods for selling your business, each with its own tax and legal obligations: 🔹 Asset sale – Specific assets and liabilities are sold, instead of...
by Jupps | Feb 4, 2025
Stamp Duty Land Tax (SDLT) is usually payable when you buy a residential property, subject to certain reliefs. In the infamous Mini Budget of 2022, stamp duty land tax thresholds were changed to try and stimulate the housing market, but these changes are due to come...
by Jupps | Jan 28, 2025
After the budget announcements in October, a lot of people are worrying about the increase to employers’ national insurance from 13.8% to 15%, along with the decrease in the threshold that you begin paying it from £9,100 to £5,000. Whilst the concurrent increase in...
by Jupps | Jan 21, 2025
As the self-assessment deadline looms, if you haven’t yet done your tax return, or are looking to file 2024/25 early in April, don’t forget the potential tax reliefs available! 🎁 Gift Aid: If you are a higher or additional rate taxpayer, you can potentially claim...
by Jupps | Jan 14, 2025
For those who have already filed your self-assessment tax returns, and those who have yet to, please be reminded that 31st January 2025 is also the payment deadline for your 2023/24 tax bill and the first payment on account for 2024/25 (if applicable). If you do not...
