UHY Ross Brooke Chartered Accountants
With a relatively short time left before the end of the current tax year, now is the time to be undertaking some serious year end tax planning prior to the forthcoming 5th April. Ideally, you will want to take advantage of all reliefs and allowances, reduce your personal tax rate
The new tax year starts 6th April 2025, so you have one month to consider your options, once we pass this date the majority of the tax planning options for Income Tax and Capital Gains Tax purposes will cease unless actioned before 6th April. Do you fall into any of
It may surprise some readers to learn that independent taxation was not introduced until 1990. Up until that point, a married woman’s income was considered part of her husband’s for tax purposes. Thankfully, progress has been made since then and husbands and wives are now taxed separately. By Tom Annat
As Halloween approaches, the air is filled with excitement, eerie decorations, and the promise of treats. By Phil Kinzett-Evans While you’re busy planning costumes and carving pumpkins, don’t forget about your financial obligations. Just like the ghosts that come out to play on Halloween, taxes have a way of creeping
The new tax year starts 6 April 2023, so you have a couple of months to consider your options. Once we pass this date the majority of the tax planning options for Income Tax and Capital Gains Tax purposes will cease unless actioned before 6 April. Do you fall into
Increasing numbers of people will be aware of cryptoassets, but do you know the difference between a coin and a token? A cryptocurrency can be either a coin or a token. A crypto coin is a standalone currency that operates independently of other platforms, with its own blockchain and infrastructure.
At the time that I write this, Bitcoin has risen 50% over the last month and if you were brave enough to buy at the bottom of the market you are probably feeling pretty pleased with yourself right now. By Chris Davies But a word of caution. We saw a
When you’re looking for an accountant, how do you know that they have the right skills and knowledge, and whether they will be a good fit for your needs? A Google search will return a choice of local accountants, but there’s more that you should look for: A sensible way
In general terms there are a number of reasons why you may be required to complete a self-assessment return including that you: Also, you or your partner may receive Child Benefit but your income is over £50,000 meaning that you may have to pay a High Income Benefit Charge. In
Crypto investors may need to declare their income tax by filing a self assessment tax return, but how can you minimise how much tax you will have to pay? You could consider: Crypto tax can be very complicated and it’s worth taking professional advice from a crypto tax accountant. If