Esther Theobald

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…

Business software can automate a lot of the tasks you do manually and whilst this list is not definitive, we’ve identified 6 ways technology can make your business more efficient. Cloud-based apps and tools, like those in the Xero App Store or…

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…

A guest article by Victor Sacks, IFA from VS Associates. Personal savings – is just that, it’s personal. Against the backdrop of rising inflation/energy prices, you could be forgiven in thinking that this must be a belated April fool, after…

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…

If you are an employee and you personally incur expenses in carrying out your job, you may be able to claim tax relief on those expenses.  Tax relief is only available for expenses that you must incur, rather than those…

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 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…

The statistics for Company Formations in 2021 have been published and the results suggest that overall, the business landscape across the UK is largely positive. Created using data from Companies House and the Office of National Statistics, Inform Direct have…

Should you be affected, there will be an NIC increase message on payslips from April onwards explaining what the NIC increase is for.  For 2022/23 only, the rates of Class 1 (employer and employee) National Insurance contributions are to be…