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Esther Theobald

Should I change my Accounting Date?

In preparation of the introduction of MTD for income tax, which comes into effect from 6 April 2024 for unincorporated businesses and landlords with trading and property income of more than £10,000 the basis period rules are being reformed.  At…

Cryptocurrency- what is a sale – gain or income?

Cryptocurrency

Cryptocurrencies, such as Bitcoin, are a type of electronic cash; designed to stand apart from any government or bank they work through a computer network. Records confirming Individual ownership of the ‘coins’ are stored in a digital ledger with secure transaction records. Coins can be bought or sold…

Preparing for MTD for ITSA

Preparing for MTD for ITSA

With the launch date confirmed, it’s time to begin preparing for MTD ITSA. The introduction of Making Tax Digital for Income Tax Self-Assessment (MTD ITSA) in 2024 forms part of HMRC’s ambitious plans of becoming one of the most digitally…

Tax Card 2022-23

Download our helpful Tax Rate Card for 2022  Following the Chancellor’s Budget announcement in March our Tax Rate Card outlines the business and individual tax rates for the coming tax year of 2022 All the essential tax facts, rates and…

Corporation Tax Reforms

Corporation Tax Reforms

Corporation tax reforms mean companies with profits of more than £50,000 will pay corporation tax at a higher rate than they do now. While the changes do not come into effect for a year, 1 April 2023, their impact will…